The Geography Of Innovation Is Shifting
When a prominent venture capitalist of California invested one billion dollars in high risk green technology, Silicon Valley recalled the world that in innovation, geography is karma. What Vinod Khosla’s story tells us is that location is crucial when dealing with innovation and technology. Thirty years earlier Vinod left India to study management at Stanford University in California. In 1981, fresh out, he founded Sun Microsystems, a computer manufacturer . Innovations do not occur anywhere but often in geographic clusters where investors, large research universities, existing technology companies, engineers, designers, artists and scientists are always willing to think outside the box. Those people are part of what Richard Florida calls the Creative Class. His paradigm asserts that innovation is the outcome of creativity, this latter being the outcome of human creation for a concrete realization which then might lead to innovation. As far as geography and clusters are concerned, the Silicon Valley has been for several decades considered as the only creative and innovative hub worldwide. This is clearly changing. The geography of innovation is shifting. For proof, start with Google, …
