Silicon Valley has rebounded from prior downturns, but this time a shakeout in venture capital, a foreign brain drain and a crisis in California education pose new threats to the innovation ecosystem, says a report being released today.
"I'm not telling you the sky is falling, but I have a duty to report that some of the indicators are not good," said Russell Hancock, chief executive of Joint Venture Silicon Valley Network, which has indexed the region's business climate each year since 1995.
A prominent theme in this year's report is that Silicon Valley needs
to acknowledge how federal investments in space and defense fertilized
the region in the 1960s and 1970s, creating the environment for civilian
entrepreneurship in computing and networking to flower in the 1980s and
1990s.
To read the full, original article click on this link: Why Silicon Valley faces fresh threats
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