Is Canada Home To The Next Silicon Valley?
Just say the words ‘Silicon Valley’ and images of tech campuses, startups, and Teslas come to mind. With publications touting Canada as the next technological hub, it’s easy to get caught up in the hype.
So, are we headed in the same direction as our Californian friends? According to one industry insider, it may not be in the cards.
Chances are that if you use a computer or smartphone, you have a connection to Silicon Valley. The region of Northern California is considered an innovation headquarters and has spawned many a revolutionary company including Google, Apple, and Facebook. In the last few years, as big names in tech have started making their way to Canada, rumblings have started about whether we may be the next technological giant.
Make no mistake, Canada is home to some exceptionally strong startups. Shopify, Hootsuite, and so many others have rightfully found their place on the global stage. And while we continue to develop brilliant talent and ideas, the set of circumstances that led to Silicon Valley’s stratospheric success would be hard, if not impossible, to replicate.
According to a Canadian startup expert, part of what made Silicon Valley so successful simply wouldn’t work today. A combination of innovation, economic development, and trade changes mean that even if we tried, we couldn’t duplicate what they have. Additionally, there’s something to be said about forging our own path and achieving success on our own terms. While we may not become the next Silicon Valley, who’s to say we aren’t headed towards something even bigger?
For startup founders, employees, and enthusiasts, the future seems very bright indeed.
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