The Big Idea: How to Start an Entrepreneurial Revolution
To ignite venture creation and growth, governments need to create an ecosystem that sustains entrepreneurs. Here’s what really works.1: Stop Emulating Silicon Valley.
The nearly universal ambition of becoming another Silicon Valley sets governments up for frustration and failure. There is little argument that Silicon Valley is the “gold standard” entrepreneurship ecosystem, home to game-changing giants such as Intel, Oracle, Google, eBay, and Apple. The Valley has it all: technology, money, talent, a critical mass of ventures, and a culture that encourages collaborative innovation and tolerates failure. So it is understandable when public leaders throughout the world point to California and say, “I want that.”
via hbr.org
This is a must read article for anyone outside of the Bay Area.
