Successful Tech Hubs:
Silicon Valley
The last shall be first. Meet the
world’s pioneer in, well, everything in the Tech Industry. Silicon Valley[1] is home
to many world’s largest high-tech corporations and thousands of startup
companies. It is a leading hub and startup ecosystem for high-tech innovation
and development, accounting for one-third of all of the venture capital
investment in the US. Palo Alto, the heart of Silicon Valley is a few miles
South of San Francisco, and is the place were Pirates challenge all business
rules and the perfect habitat for big ideas for changing the world. The word
Silicon is referred to the silicon chip innovators and manufacturers in the
region. And Valley refers to the Santa Clara Valley. It was in Silicon Valley
that the silicon-based integrated circuit, the microprocessor, and the
microcomputer, were developed. The region employees around 250.000 information
technology workers. It is the ultimate place to meet CRAZY people, like you.
Founded by a Railroad Tycoon,
Standard University early mission focuses on West Coast independence. The goal
was to build a self-sufficient West Coast economy. Although computers were
around since the 1930s, performance was always an issue. The first silicon
device and research manufacturing company was the Shockley semi-conductor. The
research conducted here led to the development of the Silicon Valley in 1956. Headed
by Robert Noyce[2],
the Traitorous 8 engineers embarqued in a new path, one that would disrupt
Silicon Valley’s culture and nature, by establishing Fairchild Semiconductor.
But they needed an investor and a customer to make their Start-Up succeed. With
the creation of NASA, the US created a center to innovate faster that the
Centrally Planned Soviet Economy. Fairchild Semiconductor was used in US
missiles, the Space Race and consumer electronics industry. As I explained in
my Kindle Release “Revolution 4.0 and the Man of Tomorrow”, the Space Race led
the US government to great innovations such as GPS, Satellite TV, 3D graphics,
which were later put to use by the private sector. The company was created
under a concept called “Egalitarian Teamwork”, a typical American concept based
on meritocracy. The barriers between managers and workers were broken in order
to find the best ideas. This is what is today known as SILICON VALLEY CULTURE.
Entrepreneurship is encouraged, engineers value innovation over tradition, and
a meritocratic business culture removes barriers in constant SEARCH for SMART
SOLUTIONS. This attracts a young culture focused on creating the future through
Innovation. The eternal question should be: how do we make things DIFFERENT?
At the Valley, Innovation is
everything. Silicon Valley saw the birth of Chips, Homebrew Computer Club,
Venture capital firms, Media, Software, the Internet and the dot-com bubble. It
has the highest AVERAGE high-tech salary at 150.000 USD. Housing prices though
are extremely high, and homelessness is a problem. Some of the notable
companies in Silicon Valley include eBay, Facebook, Google, Netflix, Yahoo!,
etc. Crystal clear is that money from Venture Capitalists flows like a river. Multiculturalism[3] defines
Silicon Valley and is a key reason it is a global economic force, with 50% of
the residents speaking a language other than English at home, and 60% of the
science and engineering workforce born outside the US. Needless to say that
attracting the best workforce from all over the world will of course catapult
any Tech Hub, spreading wealth amongst the region. Silicon Valley is an ETERNAL
example of what must be done in the Tech field, and has been tried to be
emulated everywhere with diverse results. However, despite efforts of copying
models, in the end it is the people in that Hub that will make it successful…
or not.
Cheers to the CRAZY ONES!!!
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