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Silicon Valley - Still Important To Tech Advances
mrspin writes "This week the The New York Times sparked a lively debate by publishing an article which argued that, when it comes to creating innovative technology, geography still matters — and that Silicon Valley is the place to be. It's certainly true that Silicon Valley, compared with other innovation hot-spots, has the much needed Venture Capital and the connections that enable money to flow from one new company to another. Want proof? ZDNet takes a look at LinkSViewer, a new web-based visual networking tool for exploring capital relationships in Silicon Valley." Is the success of Valley-area projects the result of a more creative environment, or is the cachet of the area (and the resulting money) the reason behind their success?
Sure, entrepreneurs are the ones that think up of the new ideas and lead the innovations, but nothing would get done without talented developers. It just happens that skilled developers tend to migrate toward the Bay Area because of the high density of good companies. This in return, encourages more startups and we start seeing even more talented developers flocking to the Bay Area. It's kind of self-renewing and I don't see it going away any time soon (save some catastrophic earthquake...).