All around the world, drawing comparisons with Silicon Valley is an activity that probably occurs millions of times on a daily basis.
Recently, I was asked to answer a question of the same/similar nature on Quora: link
Different versions of these questions gets asked frequently, such as:
Next, we have startup competitions, innovation rankings, global startup rankings. Clearly the movement has gone global and it's all good!
Indeed, it does seem like, Silicon Valley has set a gold standard and everyone is trying to follow it.
Image source: Gold standard page for Wikipedia. link
But very few understand the history, the enablement of and the values that power Silicon Valley. I too, am a learner in this category.
Source: Secret History of Silicon Valley by Steve Blank
Coming back to innovation and Silicon Valley, the most incredible ability is for the valley to be able to foresee the future and help enable it. And how it re-invents itself in the process of doing so.
And the world, generally and largely follows.
Being able to ascertain what drives growth in a real sense, is, I think, one of the differentiating factor for how more innovation can be had. Sometime that I have started referring to as true innovation.
The need for innovation is clear. But different ecosystems define the need differently. And I categorize this as a spectrum.
I think I may come back and expand upon this phenomenon and how I see this spectrum in my mind. Considering that so much of research is locked up today and it's just bad design. When there is the possibility of unleashing innovation on a global basis and turn the human condition to something that will look like eden.
Clearly, 'software has been eating up for the world' for quite some time now.
But, outside or in parallel with the world of software, there are many other and major developments that are also going mainstream. Indeed, there are many many opportunities beyond the world of bits or developments that will emerge from constructs of the future. Opportunities that we need to unleash and put into action on a global basis.
So I think, it would be wise for eco-systems all around the world, for them to: