{"id":130976,"date":"2016-01-28T00:00:00","date_gmt":"2016-01-27T22:00:00","guid":{"rendered":"http:\/\/qmarkets.net\/creativity-at-startup-speed-what-silicon-valley-teaches-about-the-importance-of-innovation-in-business\/"},"modified":"2023-02-07T15:49:19","modified_gmt":"2023-02-07T13:49:19","slug":"creativity-at-startup-speed-what-silicon-valley-teaches-about-the-importance-of-innovation-in-business","status":"publish","type":"post","link":"https:\/\/qmarkets.net\/fr\/resources\/article\/creativity-at-startup-speed-what-silicon-valley-teaches-about-the-importance-of-innovation-in-business\/","title":{"rendered":"Creativity at Startup Speed \u2013 What Silicon Valley Teaches About The Importance of Innovation In Business"},"content":{"rendered":"

A Global Innovation Hotbed<\/strong><\/span><\/h2>\n

At Enterprise Development Group (EDG) we have recently made an interesting observation: there has always been a fairly steady stream of visitors to Silicon Valley, but lately this has become a veritable torrent. Leaders and students from around the world are arriving daily in ever increasing numbers. Some are coming for just a short visit, others to settle down. Some because they simply want to learn and take it back home; others to become part of something they think is special. It\u2019s the new California Gold Rush, and many are coming here to find that gold for their enterprises.<\/p>\n

And for good reason: Silicon Valley is an ecosystem that has evolved for over a century from the fortuitous combination of a wonderful climate, a number of excellent universities, laboratories and thinktanks, critical technical breakthroughs in signals and digital technologies, and money, a great deal of money. This combination of factors became an attractor for great visionaries, thinkers and entrepreneurs who understood the enormous importance of innovation in business. These thinkers gave rise to companies such as Adobe, Apple, eBay, Cisco, Fairchild, Facebook, Google, HP, Intel, Lockheed, NetApp, Oracle, PayPal, Tesla, Twitter, YouTube, Yahoo, and thousands of start-ups that are transforming the world every day.<\/p>\n

This is the birthplace of our digital, mobile, social world. A world driven by the power of the microprocessor and the internet. A world that is being transformed over and over again by exponential technological developments that disrupt every industry, every enterprise, everywhere. At an ever faster pace.<\/p>\n

And this is what brings so many people from so many places to this part of the world today: Silicon Valley is not only the source of the disruption, it is also the place that best converts the potential that comes from these disruptions into successful enterprises with global impact. Consider the recent successes of companies like Airbnb, Netflix and Uber, to mention just a few.<\/p>\n


\nIs it Magic?<\/span>\"innovation<\/span><\/strong><\/h2>\n

When you travel around Silicon Valley these days, you certainly get the feeling that there is some kind of magic here. Spirits are high, conversations intense, business brisk, and traffic on the roads very heavy. Something is clearly afoot.<\/p>\n

But behind all this good feeling there is something that drives this exuberance, that shapes this success. It\u2019s a discipline of innovation.<\/em><\/p>\n

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Development Driven by Venture Capital<\/strong><\/span><\/h2>\n

Silicon Valley is driven by VC: Venture Capital <\/em>and Value Creation.<\/em> Money definitely makes the Silicon Valley world go \u2018round: 50% of America\u2019s venture capital \u2013 about $20b \u2013 is spent here annually. Not to speak of the billions of dollars from corporate investments and acquisitions. This is typically \u201csmart money\u201d \u2013 it is looking for payback that comes from highly valuable new ventures. The goal for meaningful returns drives Silicon Valley\u2019s obsession with value creation. This is the most important secret of Silicon Valley: this place knows how to produce customer and market value from products and services that customers crave. Everything here is built to deliver these results: the environment; the company cultures; and the methods and practices that everyone knows and follows. These practices can be experienced, they can be understood, they can be learned, and they can be adapted and applied in places well beyond the boundaries of Silicon Valley.<\/p>\n

This then is the reason why so many people are coming to Silicon Valley now \u2013 and why they are in increasing numbers visiting EDG to find out the specifics about what this is all about.<\/p>\n

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Capturing Lightning in a Bottle<\/strong><\/span><\/h2>\n

For those interested in getting a look at how it\u2019s done up close and personal, a week-long Silicon Valley immersion is a great way to achieve precisely that. Visits are typically tailored to a specific company\u2019s interests and strategies to maximize impact for implementation after the visit. Immersions provide:<\/p>\n