Where the nerds meet the hippies →
Neelie Kroes:
In summary, Silicon Valley offers a lot of insights for Europe. We should not try to replicate it, but we can learn from its example, and devise our own models. We need to inject a more entrepreneurial culture in our universities; invest in stronger trans-European networks of researchers, venture capital, and entrepreneurs; and stimulate our ‘old’ multinationals and incumbents to be more innovation friendly and to embrace, not fight, new technologies and disruptive business models. Going to the Valley is a breathtaking experience and anyone in Europe interested in developing an ICT business should go; hopefully they will bring back ideas to build the new global businesses of the future here.
