The New Argonauts

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By AnnaLee Saxenian

Ask GBN Network member AnnaLee (“Anno”) Saxenian about the future of Silicon Valley, and out pours a wealth of knowledge and sharp observation about the ways in which the region is changing and the new roles it is playing, and could play, in the global landscape of innovation. An economic geographer by trade, Anno has made a career of studying regional economics and the conditions under which people, ideas, and geographies combine and connect into hubs of economic activity. Her latest book, The New Argonauts: Regional Advantage in a Global Economy (Harvard University Press, 2006), explores how and why immigrant engineers from Silicon Valley are transferring their technology entrepreneurship to emerging regions in their home countries—China and India in particular—and launching companies far from established centers of skill and technology. The “brain drain,” she argues, has now become “brain circulation”—a powerful economic force for the development of formerly peripheral regions that is sparking profound transformations in the global economy.

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