Economist on Silicon Valley

Dan Kohn (dan@teledesic.com)
Tue, 1 Apr 1997 13:18:50 -0800


The Economist has a superb survey of Silicon Valley this week. Slate
<http://www.slate.com/OtherMags/97-04-01/Mags.asp> summarizes it
with:

Economist, March 29,
A 20-page survey hails Silicon Valley as the model for 21st
century capitalism. Its high-tech companies display admirable
flexibility, reward merit, welcome new ideas, and abhor government
regulation. Interesting detail: Silicon Valley's GDP is $65 billion,
equal to that of Chile.

Keith Dawson maintains a list of Siliconia
<http://www.tbtf.com/siliconia.html> as well creating his great
newsletter, TBTF. Page 6 of the Economist survey includes a list of
Siliconia (e.g., Silicon Desert - Utah, Silicon Hills - Austin) but no
new ones.

Best quote in the article goes to a venture capitalist describing why
Israel's high tech area is just like California:

"Lots of geeks. No one wears ties. It's hot. We have the San
Andreas fault; they have the intifada. It could be home."