Re:China VC has overtaken Silicon Valley, but do aggregates ...
by pnathan on Thursday July 05, 2018 @01:17PM
(#17464988)
Stable not the best word, apologies. Life stability was in my mind.
- stable health insurance and medical coverage.
- economy big & stable enough that when one job is lost, another can be found without substantial financial injury.
- geographically dense and large network of innovative people (this requires a good university - or two).
Essentially you need a place where you can take risks and fail without causing a total life crisis. that is why SV started as a thing: fruit farms with cheap land. Universities were nearby and the Cold War was in full force: a lot of funding was present. The interaction of knowledgeable people is a huge support base for increased research and innovation.
- stable health insurance and medical coverage.
- economy big & stable enough that when one job is lost, another can be found without substantial financial injury.
- geographically dense and large network of innovative people (this requires a good university - or two).
Essentially you need a place where you can take risks and fail without causing a total life crisis. that is why SV started as a thing: fruit farms with cheap land. Universities were nearby and the Cold War was in full force: a lot of funding was present. The interaction of knowledgeable people is a huge support base for increased research and innovation.