We always hear how smart and creative the Valley is. It’s home to hundreds of startups, thousands of apps and billions of dollars in venture money. You might think from all the hype that it has a lock on innovation.
Not true. Companies in old-line industries — little brand names like Goodyear, which reaped $21 billion in net sales last year; Brown Brothers Harriman, the country’s oldest and largest private bank; Whirlpool, the appliance conglomerate behind the Whirlpool, Amana, Kitchen-Aid, Jenn-Air and Maytag brands; and the Mayo Clinic, the 150-year-old hospital to the stars – know a little something about innovation too. Or they probably wouldn’t still be around.
To read the original article: Hey Silicon Valley, innovation isn’t all about you — Tech News and Analysis
