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May 03, 2010

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Roberts

Culture also plays a huge part in making a hot spot of invention, besides innovation itself. Of course we all still need to look where an idea had started, and what's the best place to start with, culture!

Innovation is widely recognized as a key ingredient of productivity success. There is a strong positive relationship between measures of fundamental innovation, labor productivity and GDP per capita across most countries. The existence of an innovation gap between countries is generally evidenced by lower R&D/GDP ratio and the lower rate of patenting by countries. Without serious innovation a country simply cannot compete effectively.

Andrej Mikula

Thank you for a great article about innovation and your view of the spirit of the Silicon Valley. Let me tell you, I've never been to never been to California, because I've never been to USA.

I live in Slovakia and I am about to move there to try and live my Valley dream :)

Thank you again for a nice post that made me think.

Bob Sukesh

I liked the read, especially the panoramic view. Yes Silicon Valley is like the lode stone of this century and a lot of aspirations lie here. Its not about success or failure but the fact that innovation is at its core.

Sean

@henry

I tend to agree with you about serendipity and having the right mix of people in a place to create something special, however I wonder if there may be more to it.

Are the like minded and talented people in the same place because they are drawn there by the opportunities that place provides, or by the attitude of the people in that place.

Also how often have inspirational and gifted people been in the wrong place at the wrong time and never got the projects off the ground.

However I must agree that when it works are the right people get together in the right place the results can be truly outstanding.

Eric

Serendipity seems to play a big role in innovation. When you look at revolutionary innovations in art and music like the impressionist school, The Harlem Renaissance or Motown, you always see a group of gifted and like-minded people coming together in a certain place and time and a resulting explosion of creativity--the Beatles are another prime example.

Of course great art can be produced even on a limited budget. The same can not be said about modern technology. I think that if we want 21st century America to be as innovative as it was in the 19th and 20th centuries, funding from both the public and private sector is going to be a necessity.

We still have the best universities in the world, but we no longer have the largest concentration of capital--most of the money is now in the Far East. Competing with Japan, Singapore, Korea and China--countries that do consciously direct massive amounts of money to developing modern industrial technologies--will require not only ingenuity but also lots of money.

A top priority of our government should be increasing investment in education and research, both independently and in cooperation with business, to provide both young people and our best minds the opportunity and facilities to use their talents.

Henry

The innovative culture of the silicon valley is greatly out-lined here. That is why the next generation green vehicles, autonomous vehicles and many "re-inventions" are taking shape here.

It is the Vatican for engineers.

autoMedia

A hot spot for electronics innovation ... I think we still have to look favorably at the coming of the electric car and the many car companies that are playing a part in its development. Recently Honda laid out its plans:
The near-future electrified Honda products:

* 2010: A plug-in hybrid will begin real-world testing in cooperation with the city of Torrance, California, home to Honda’s North American headquarters.
* 2010-2011: A battery-electric car will be field tested, in cooperation with Google, Stanford University, and Torrance.
* 2011: Redesigned Civic Hybrid to feature Honda’s first lithium-ion battery application.
* 2012: The battery-electric car goes on sale in the United States.
* 2012: Plug-in hybrid system is introduced for midsized and larger vehicles in the United States.
* 2012: Small diesel engine launched in Europe.

Jamie Bennett,

Well, It seems that Silicon Valley is certainly the technological hot spot of invention. What about other areas of invention and their hubs- such as Automobiles and Detroit. I'd say there is certainly a case for the emergence of hot spots of innovation rising from a few independent actions and activities by forward thinkers, entrepreneurs and leaders. Thus, the spirit of Silicon Valley seems to be present in past circumstances and continues to provide inspiration for the thought-leaders and innovators of the future.

Harrison Barnes

Innovation is widely recognized as a key ingredient of productivity success. There is a strong positive relationship between measures of fundamental innovation, labor productivity and GDP per capita across most countries. The existence of an innovation gap between countries is generally evidenced by lower R&D/GDP ratio and the lower rate of patenting by countries. Without serious innovation a country simply cannot compete effectively.

David

Indeed, creativity and innovation mostly go hand in hand. As rightly pointed out by the author, it is collaboration that matters rather than the geographical location. Further, bright mind attracts other bright minds. GREAT READING! KEEP IT UP!

Roy

Innovative ideas have always been the result of complex problems in economic down turns like we're in now. For some reason the harder the problems the more our creativity is squeezed to produce ground breaking ideas and solutions.

Sophi

When it comes to the "modern age" no single geographic area has delivered more in ways of innovation than Silicon Valley. This area is a melting pot of some of the brightest minds from very diverse backgrounds. Silicon Valley should no longer be viewed as the geographic location in California, as the people, technologies, and companies have spread their tentacles to all parts of the globe. Silicon Valley is everywhere.

Frank

I agree, innovation is a state of mind, not bound by physical limitations. I think what really drives innovation is the possibility to produce a profit and solve a problem at the same time.

Account Deleted

Indeed, creativity and innovation mostly go hand in hand. As rightly pointed out by the author, it is collaboration that matters rather than the geographical location. Further, bright mind attracts other bright minds. Moreover, Creativity and innovation are contagious and they can spread like wild fire once set. It only needs a spark for a bright mind!

Howard Edward Haller, Ph.D.


Innovation is the key to long term success in education or in any organization. Innovation and Intrapreneurship create not only new jobs, but new products or services, and strong growing companies As a successful serial high tech focused Intrapreneur (PR1ME Computer’s PR1ME Leasing, Anaconda-Ericsson Finance, Corona Data OEM Private Label); Senior Executive at TeleCommunications Inc; and successful entrepreneur creating, building and selling of RETIX, and as an academic scholar (author of “Intrapreneurship Success: A PR1ME Example”) I have personally witnessed the power of Innovation in building successful companies and first had seen them grow from just a small startup to major NYSE traded companies in just a few years . Dr Howard Edward Haller, CEO, www.IntrapreneurshipInstitute.com

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