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The entire world is now a rival to Silicon Valley. No country, state, region, nor city has a lock on innovation in technology anymore.

Fred Wilson
Country, Technology, Cities
"New York vs. Silicon Valley? No City Has A Lock On Innovation" by Fred Wilson, www.huffingtonpost.com. August 4, 2011.
The entire world is now a rival to Silicon Valley. No country, state, region, nor city has a lock on innovation in technology anymore.