Very interesting news bytes appeared at WSJ. This story is unlike popular talk about production hub in India and marketing and sales centre point in USA. The story also emphasizes the importance of a vibrant ecosystem to support innovations and developments.
The core of the story is that there is increasing evidence that companies are choosing silicon valley for hi-tech product development even if the primary target market is developing economy. Primary reason -- such products are only possible in silicon valley that has a vibrant ecosystem of technology expertize, capital availability combined with hi-tech startup culture that are critical for success.
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Subodh Vinchurkar, is founder of youmagix.com and can be reached at subodhv AT gmail.com
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