I think it's witty/funny that the OP is "Why Silicon Valley Works" while your comment aptly describes "How Silicon Valley Works".
Also, I totally agree with your comment on Japan. I think start-ups have a very tough time sustainably generating value through innovation in Japan. Taking the national psyche and tendency for risk aversion into consideration, most likely, it needs to come from either big companies or government programs (like in the 60s-80s).
Also, I totally agree with your comment on Japan. I think start-ups have a very tough time sustainably generating value through innovation in Japan. Taking the national psyche and tendency for risk aversion into consideration, most likely, it needs to come from either big companies or government programs (like in the 60s-80s).