Decentralization of Innovation

How Detroit was Silicon Valley in the ’50s and why the centers of innovation are about to become a lot less centralized.

…Case believes that over the next decade, all of the top venture firms will adopt more regional investment strategies because, in his words, “it’s beginning to get easier to start companies anywhere” thanks to crowdfunding and outsourcing computing tasks to things like Amazon Web Services, which make it more attainable for a smaller company to create a big hit. “More companies will be created in more places, and I think we’ll shift away from just a few centers of innovation gravity, if you will, to a more broadly dispersed innovation economy — which is healthy for the country, and I think investors will follow those opportunities,” said Case… read more here



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