The next Silicon Valley?

Larry Ribstein —  4 July 2011

Don’t laugh.  It’s got a major international airport, cheap housing, major league sports and culture. It’s close to a world class university, great natural areas and another country. The urban pioneers who enriched other cities are increasingly priced out of them, and are mobile.  State and local politicians must actually improve the place in order to steal from it. Private money is coming it. It’s a blank canvas ready for experimentation.  And now it’s got buzz.

Larry Ribstein

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Professor of Law, University of Illinois College of Law

2 responses to The next Silicon Valley?

  1. 
    Steve Cernak 5 July 2011 at 9:41 am

    I hope to live long enough to say that I was a Detroiter before Detroit was cool, even if it might end up meaning I can’t walk into any of my favorite restaurants at lunch and immediately be seated (and often be the only one there).

  2. 
    Matt Dubuque 5 July 2011 at 9:37 am

    Not close. Recall that CENTRAL PLANNING was critical in the development of Silicon Valley, as Frederick Terman SPECIFICALLY PLANNED to only permit certain highly specialized technical entrants to receive the initial encouragement.

    NOT ENOUGH central planning in this example and nothing compares to Stanford being 2 miles away.

    Not close. Just another failed libertarian copycat attempt.