Silicon Valley, facing a slowdown in innovation and a shortage of funding, may lose its competitive advantage to emerging U.S. technology hotbeds such as Huntsville, Alabama, and Washington, D.C., a study found.
The comprehensive yearly study on the economic strength and overall health of Silicon Valley reveals that rapid economic growth in other countries, coupled with California’s legislative gridlock, is draining the lifeblood of funding and foreign talent from Silicon Valley, leaving recovery in a "new phase of uncertainty."
The recession may be coming to a close-at least officially. But the effects of that painful period linger on. Supply chain managers need to learn from the lessons of the past as they rebuild the foundation for a brighter future.