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The NYC financial mindset has little to do with it. It's more useful to compare SV with Route 128. In the late 60's both seemed to be roughly equivalent: dominant technology schools, an educated population, and a strong hi-tech business base. But there was a strong cultural difference. If an engineer left HP, he would be encouraged, and often HP would be a customer. If you left DEC, you were a traitor. You were the enemy, never to repatriated. May your children burn in hell. In the end cooperation beat out secretiveness and destructive competitiveness.


For more info, see entire book on this topic by AnnaLee Saxenian: http://books.google.com/books?id=gnh2Rb1rcMIC




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