Click here on an interesting 2014 article on why Silicon Valley is prevailing over Japan.
For every successful marketable product item, there is a minimum of 99 other failures. So, what is the probability of any product being a success?
While this article explains how the Japanese—who may very well be quite creative in terms of transforming certain objects into efficient items . Their level of innovation is modest.
Out here in California, some of the boys and girls at the Silicon Valley are focused on maintaining their dominance in the realm of shameless self promotion with the help of boring "rah-rah" journalism like this article. At this moment, I disbelieved the current "change the world" message that is being displayed in some parts of Silicon Valley and other parts of the global economy.
Fwiw, Japan only succeeds in industries that are relatively static. In certain seasons of within vertical marketplace where dynamic changes become quite prevalent, they have competed quite poorly.
- Japan is slowly lost its tech edge to China in the area of manufacturing efficiency.
- Some parts of Silicon Valley have prevailed in the marketplace because their capability of take risks and to flood the marketplace with tons of covert marketing messages.
- Silicon Valley isn't successful because of the foreign workers. The foreign workers are successful in the Valley because they have embraced what it offers in terms of the risk-based challenge.
Is that easy or what?