History of Silicon Valley and how it became the hotspot for innovation

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Essay from the year 2016 in the subject Economics - Innovation economics, grade: 1.0, University of Glasgow (Adam Smith Business School), language: English, abstract: What are the reasons for the huge success of Silicon Valley? Because of the high amount of literature and research describing and commenting the success story of the Valley and the restricted length of this essay, the author wants to concentrate on the key success factors of the computing industry, especially with a focus of regional clustering advantage, regional cultural advantage and modular production networks.