Almost half of all global executives polled believe that the technology innovation center of the world will move from Silicon Valley to another country in the next four years according to a survey published Wednesday.
Associated Press Convention participants use their laptops during a technology innovation conference held by Baidu Inc., which operates China’s dominant search engine, at China’s National Convention Center in Beijing, Friday, Sept. 2, 2011. KPMG’s global Tech Innovation Survey 2012 found 43 percent of respondents said Silicon Valley’s crown would be passed elsewhere by 2016. China was named as the country most likely to be the next innovation centre (45%), followed by India (21%) and Japan (9%) and Korea (9%).
Israel came in fifth while Europe barely featured.
