Money

The Secret Sauce of Silicon Valley’s Success

This year, I’ve traveled to and spent time in some of the most economically cutting-edge regions of the world.

I spent New Year’s Eve in Istanbul, Turkey, which is the capital of one of the fastest-growing economies in the world during the past 10 years; Dubai, the “gem” of the Middle East; and Singapore, arguably the most successful of the “Asian Tigers.”

Each of these places was extremely impressive in its own ways.

But none of them have had the global economic impact of Silicon Valley, the 30-mile stretch of land south of San Francisco that has been ground zero for the global technology revolution since the 1950s.

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