How Silicon Valley Innovates So Well
An independent study confirms that the businesses of Silicon Valley are some of the most innovative on Earth. They actively create a culture of innovation, which can be replicated anywhere.
What's the Latest Development?
An independent study confirms that Silicon Valley companies are some of the most innovative in the world. Over half of Silicon Valley companies strongly align their innovation strategies with their business strategies, compared to just 14% of other companies surveyed. "In the Bay Area, 90 percent say they have a clear innovation strategy that is strongly supported by their executive leaders." The source of their innovative success stems from their culture of research, talent, investment and openness to new ideas. Luckily, that culture can be emulated.
What's the Big Idea?
The pillars of an innovative corporate culture are (1) anticipating customer needs by observing what product will give them a better experience; (2) having technical leaders report directly to the CEO, creating a more streamlined vision between specialists and company leaders; (3) having a top-down innovation strategy to ensure that innovation and business go hand-in-hand; (4) constantly refresh your development staff to get new ideas and do not be afraid of having high turnover. Silicon Valley companies emphasize this last point twice as often as other companies do.
Photo credit: shutterstock.com
Upvote/downvote each of the videos below!
As you vote, keep in mind that we are looking for a winner with the most engaging social venture pitch - an idea you would want to invest in.
"Earth" features about 30 of the biggest names in entertainment.
- Lil Dicky is a rapper and comedian who released his debut album in 2015.
- His new music video, "Earth," features artists such as Justin Bieber, Ariana Grande, Ed Sheehan, Kevin Hart, and Leonardo DiCaprio.
- All proceeds of the music video will go to environmental causes, Dicky said.
Some evidence attributes a certain neurological phenomenon to a near death experience.
Time of death is considered when a person has gone into cardiac arrest. This is the cessation of the electrical impulse that drive the heartbeat. As a result, the heart locks up. The moment the heart stops is considered time of death. But does death overtake our mind immediately afterward or does it slowly creep in?
- A forensic artist in Scotland has made a hyper realistic model of an ancient dog.
- It was based on the skull of a dog dug up in Orkney, Scotland, which lived and died 4,000 years ago.
- The model gives us a glimpse of some of the first dogs humans befriended.
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.