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Cromwell Schubarth

The rise of the rest is no threat to the best, according to an annual survey about Silicon Valley's lead over competing tech hubs

Last year, 57 percent of tech leaders in an annual survey said it was likely that the center of innovation would shift away from the Valley in the next four years.

But that dropped to 37 percent in this year's KPMG Tech Hub survey of 810 technology industry leaders in 12 countries.