Is Silicon Valley Complacent?
from the depends-on-who-you-talk-to dept
John Hagel and John Seely Brown who recently wrote a book on this subject (so, keep in mind that part of this article is really just publicity for their book) have written a column suggesting that Silicon Valley has become “complacent,” believing that “innovation is our birthright,” and that no other place can out innovate the Valley. The two authors contend, of course, that entrepreneurs in places like India and China are feverishly working to out innovate us — and therefore this complacency is a very dangerous trend. Of course, the whole “complacency” theory seems to be based on the anonymous quote from a single executive from a “large tech concern.” While it’s likely true that some are complacent, it hardly seems fair to assume that the complacency is widespread throughout the Valley. There are stupid executives everywhere… but there are also smart ones who recognize the value of innovating. That isn’t to say that many of the suggestions made don’t make sense. Recognizing that there’s competition out there and that it’s serious, hungry competition is important. But, it’s a bit early to write off Silicon Valley as complacent just yet.