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Matt Ridley: How Innovation Works, Part 1

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The Importance of Moving to Inventive Regimes

In Silicon Valley, there is a critical mass of thousands of innovative companies that will adopt products from each other./nThis network effect creates a strong incentive for companies to stay in Silicon Valley, as it is the birthplace of many of the most innovative technologies./nHowever, as the network effect becomes more tight, companies will have to move to find new opportunities.

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