Silicon Valley’s Open Secret to Success

By • on August 30, 2012

The Forbes website posted an article the about antecedents of open innovation in Silicon Valley. Culture is one of the major keys in innovation: Besides the raw ingredients of talent, technology, and capital, there are a number of behavioral factors that turn out to be critical to a region creating major innovation. One of these factors is the idea that helping others, even potential competitors, is a good (and even natural) thing to do. In Silicon Valley, this is often called “Paying It Forward”, and it is a major reason for ┬áthe success of many startups.

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