How easy is it to replicate Silicon Valley’s innovation in Europe?

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“I was in Amsterdam a couple of weeks ago speaking to a group of marketing executives at Royal Philips about the forces that drive the Internet revolution in America. “So what is it about Silicon Valley that makes it so innovative,” one Philips executive asked me after my speech. “How easy is it to replicate this innovation in Europe?”

It’s a great question — one that has intrigued me since 1983, when I first arrived in northern California as a graduate student at the University of California at Berkeley. Indeed, it’s such a good question that I instantly Googled it when I got back to America.”

Goes on about paradox of 50’s and 60s culture, company law, etc. Makes good sense to me.