Heroic entrepreneurs | The Economist

Tuesday, March 24, 2009

A special report on entrepreneurship: Heroic entrepreneurs | Global heroes | The Economist: "Entrepreneurship also flourishes in clusters. A third of American venture capital flows into two places, Silicon Valley and Boston, and two-thirds into just six places, New York, Los Angeles, San Diego and Austin as well as the Valley and Boston. This is partly because entrepreneurship in such places is a way of life—coffee houses in Silicon Valley are full of young people loudly talking about their business plans—and partly because the infrastructure is already in place, which radically reduces the cost of starting a business."

The article is very interesting, but what struck me most is the importance of being in a "entrepreneurship cluster". What we need is to create a virtual entrepreneurship hub, so that entrepreneurs and talent can converse, compete, share and learn from each other. Ning?

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