Tashkent university of information technologies named after muhammad al-kwarizmi abdiyeva saida

Five Reasons for Silicon Valley's Success

The main reason for Silicon Valley's success is its spirit of cooperation. For example, many founders of local companies went to school together. That makes them more likely to promote each other regardless of company affiliation. Personal loyalties override corporate ones.

Professional networks led to easy information exchange. Companies found that collaboration between them made them all more successful.

The State of California prohibited non-compete clauses. As a result, star performers could leave a company to start their own to test out new ideas. As a result, employees focus on helping each other solve problems.

An often-overlooked reason is Silicon Valley's cultural diversity. Between 1995-2005, more than half of its start-ups were founded by immigrants. Why? The Valley attracts top engineers from around the world, especially India and China. Diversity leads to innovation as long as everyone focuses on their shared goals.

Top-notch universities surround the Valley. Many company founders graduated from Stanford University. Other local universities contributed the trained technical support staff. These included the University of California at Berkeley, San Jose State, and community colleges.15