Despite his experience, Andreessen's recipe is not quite right
Reader comment on: The Next Silicon Valleys
Submitted by Brock in HK (United States), Jun 24, 2014 05:30
Removing regulatory barriers is almost always a good thing and positive for development of innovation because it reduces drag on what people can do with their time and resources. However, specializing in one domain is the opposite of what breeds creativity and innovation.
By having a number of different types of technology using/producing/benefitting companies all in close proximity and feeding off of each other, Silicon Valley creates a vibrant ecosystem, which is robust and organic and allows for the creation and natural selection of ideas and companies. Mono-industry zones are like monoculture crops. They produce unoriginal, standardized and weak products which ultimately bleed resources from the environment, just like fertilizer and other relatively nasty chemicals are needed to get soybeans or wheat to grow.
A government may remove the regulations that hinder a specific industry, which would be a positive, but you'll need un-economic outside funding for these mono-industry zones as they likely won't be financially sustainable through their own profits.
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