Richard Florida writes that while other countries and regions may create superior products, America generates startups that forever shift the nation’s economic structure.
This system of innovation is based on three key principles: technology, talent, and tolerance. A great university like Stanford or MIT is a necessary but in-itself insufficient condition for success. It’s the same with venture capital. This system, this social structure of innovation and new firm formation, requires a constant flow of especially talented people — and not just scientists and investors, but entrepreneurs with the vision and skills to follow through, executing and building companies. This can only happen in an environment that’s open, meritocratic, and diverse, where it doesn’t matter what you look like or where you are from, or what your ethnic background or sexual orientation is. More than half of all the Silicon Valley startups launched over the past couple of decades have had an immigrant on their founding teams.
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In this video, the Parkit.Me team pitches at the Portland Startup Weekend 2011.
In this video, the RevenueRaiser team Goodworks Now pitches at Portland Startup Weekend.
In this video, the team from Skill Hero pitches at the Portland Startup Weekend.
In this video, the team from Red Hot Tomato pitches at Portland Startup Weekend 2011. The company provides garden planning in the cloud.
In this video, the team from Guru Signal pitches at Portland Startup Weekend 2011. The company is a local business that provides quick, reliable computer repair solutions when you need it and where you need it most.
In this video, the team from HereHere pitches at Portland Startup Weekend 2011. The company’s software enables corporations to locate employees using mobile devices and bluetooth technology.