Silicon Valley is a concept that is hard to replicate, so Europeans should instead strive to build ecosystems for innovation that rely on investment, talent, leadership and risk, high-tech guru David Parekh tells EurActiv.
A mechanical engineer by training, David Parekh is vice president of the US-based United Technologies Research Center, the research and development arm of United Technologies Company. He spoke to EurActiv Editor-in-Chief Daniela Vincenti.
Can Europe build an innovation excellence centre like Silicon Valley?
Silicon Valley is a concept that is hard to replicate, especially in other places, because within 50 miles you have top universities, like Stanford and Berkeley, and start-ups. It is that culture that created the Googles, the Hewlett-Packards of the world. Facebook, which started at Harvard, moved there to Silicon Valley.
To read the full, original article click on this link: Tech guru: Build innovation ecosystems, not a Silicon Valley | EurActiv
