Eric Ries, creator of the Lean Startup methodology and the author of the entrepreneurship blog Startup Lessons Learned, says that Silicon Valley’s celebrated entrepreneurial culture isn’t necessarily a result of the research universities and venture capital dollars in the area, since similar resources are available elsewhere.
Instead, he gave a lot of credit to California’s legal system in a recent interview. While the state may have more than its share of budget issues and crushing tax burdens, the entrepreneurial spirit is allowed to flourish without teams of lawyers putting a damper on things:
To read the full, original article click on this link: ‘Non-compete agreements stifle entrepreneurship’: startup guru | SmartPlanet
Author: Joe McKendrick