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The basis of this contract is found in Science: The Endless Frontier, a 1945 report to U.S. President Harry Truman by visionary Vannevar Bush that outlined a U.S. post-war science and technology policy that would ultimately result in the creation of the National Science Foundation. In the years that followed, military-funded unclassified R&D in the private sector, driven by the pressures of the Cold War and the space race, laid the foundation for Silicon Valley and made Bush’s vision a reality.

The story of Silicon Valley’s evolution, which is obviously far beyond the confines of this series, continues to support the misconception that the U.S. is somehow better at producing successful entrepreneurs and multinational technology enterprises than other countries. As if the "right stuff" is somehow genetically encoded as result of being born on American soil.

To read the full, original article click on this link: Silicon Valley: A big bright heat lamp for startup incubation - Opinion - Ottawa Business Journal

Author: Francis Moran and Leo Valiquette