Entrepreneurship and Talent Management from a Global Perspective

Entrepreneurship and Talent Management from a Global Perspective

Global Returnees

New Horizons in Management series

Edited by Huiyao Wang and Yipeng Liu

Talent has become the most important resource for organizations across a wide range of sectors throughout the world including business, non-profit, and government. These organizations are now engaged in an increasingly fierce competition to acquire the best talent as they seek to gain the upper hand in today’s fast changing environment. By combining the body of knowledge on entrepreneurship and talent management from a global perspective, this book provides a synthesized understanding of entrepreneurial mobility and talent management in the entrepreneurship and innovation ecosystem.

Chapter 8: Replicating Silicon Valley: talent and techno-management in a culture of serendipity

Robert Isaak, Andrew Isaak and Jan Zybura

Subjects: business and management, entrepreneurship, human resource management


What makes Silicon Valley the hottest high-tech cluster in the world and can such a highly successful high-tech cluster develop elsewhere? If so, what are the prerequisites to establish a comparable nexus of innovation and which elements are the most significant in order to attract the best and brightest minds? Expanding on previous research we outline 15 hypotheses that embody key success factors in the context of the Bay Area and help us to derive implications on what a potential Silicon Valley candidate must consider. Following a conceptual mapping approach supplemented by qualitative interviews with actors in Silicon Valley, we posit our hypotheses for further empirical testing and cross-cluster comparison. We argue for a combination between bottom-up cultivation and top-down support that enables a system of serendipity and attracts and maintains world-class talent. Our chapter contributes to ongoing research on replicating Silicon Valley, building high-tech clusters and entrepreneurial ecosystems.

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