Do Great Engineering Schools Beget Entrepreneurism? by Brent Edwards provides two great links.
How to Kick Silicon Valley’s Butt by Guy Kawasaki:
If I had to point to the single biggest reason for Silicon Valley’s existence, it would be Stanford University—specifically, the School of Engineering. Business schools are not of primary importance because MBAs seldom sit around discussing how to change the world with great products.
Why Startups Condense in America:
Both essays make many excellent points - read them! They both realize there is no magic bullet. Many factors will determine how successfully an economy can create powerful economic gains. Both focus on the importance of world class engineering education to create something to rival silicon valley. Many countries are investing heavily in science and engineering education in order to secure the long term economic benefits that such investment will lead to.
Few can hope to create a silicon valley. But even if the goal is just to gain economic advantage from their heavy investments in engineering education they would be wise to take heed of the ideas presented by both authors.
More than just graduating more and more engineers is required to gain powerful economic advantages. That is a good first step but today China, India, Korea, Germany, Japan, United Kingdom… should be looking at other things the USA has done right (in addition to investing in engineering education).
The factors in addition to great schools are just as important now as trying to create engineering programs that can compare to Standford, MIT, Purdue, Carnegie Mellon, Berkley, Illinois… That still should be a focus but the progress in that area has been significant now is the time to look to additional areas while continuing to work on improving the schools themselves. And the USA should try to add to the advantages that they have and try to extend the success of places like MIT and Standford to more schools (as many people are trying to do).
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October 3rd, 2006 at 6:03 pm
[...] This is yet another example of the power of scientists and engineers to boost the economy and society at large. [...]
January 21st, 2007 at 9:16 pm
[...] The main point of The Global Race - Is America Still a Contender? by James Schultz is that the United States is too complacent: thinking its past success guarantees future success. I have stated that I believe the economic comparative advantage the USA has enjoyed due to science and technology leadership is almost certain to shrink and we should take steps to slow that decrease. [...]
January 26th, 2007 at 1:22 pm
A great resource mentioned in the article Stanford Technology Ventures Program Educators Corner, includes a large number of podcasts and short (2 - 10 minute video webcasts)…
February 3rd, 2007 at 5:43 pm
[...] focused efforts like this can have a huge long term impact, I believe. For those interested in building economic advantage through engineering education creating an entrepreneurial environment is a very important [...]
February 7th, 2007 at 5:30 pm
I believe investing in creating an environment where science and engineering endeavors will flourish will greatly benefit the economy…
March 31st, 2007 at 8:20 am
[...] “In the spirit of innovation, Provost C.L. Max Nikias also announced he wants to develop in the next year a minor in innovation for all doctoral students, regardless of their discipline” [...]
April 15th, 2007 at 9:40 am
[...] good plan and one repeating what has been discussed here before: Benefits of Engineering and Innovation Education - MIT Undergraduate Changes - Harvard Elevates Engineering Profile - Improving Engineering [...]
June 13th, 2007 at 8:43 am
52 percent of immigrant founders initially came to the United States primarily for higher education, 40 percent entered the country because of a job opportunity, 6 percent came for family reasons, and only 2 percent to start a business…
June 19th, 2007 at 12:22 pm
The multiple benefits of having research centers here, manufacturing engineering expertise… is huge. See: Engineering the Future Economy - Science, Engineering and the Future of the American Economy…
July 4th, 2007 at 8:33 am
As other locations establish centers that can draw the best minds and capital they will get the benefits the USA has grown to expect…
July 7th, 2007 at 8:45 am
While I still think the USA leads, the question is debatable in various fields, and, as I have said before, the future looks to be moving in the other direction. This is more due to the rest of the World improving than the USA failing…
August 22nd, 2007 at 10:15 pm
It appears to me this is really saying the size of the brain drain, coming to the USA, is less than it could be (many brains that came are returning)…
November 11th, 2007 at 12:27 pm
The USA continues to be by far the largest manufacturing in the world. And one important reason is the contributions provided by science and engineering (fed by strong science and engineering schools)…
December 14th, 2007 at 12:04 am
“James J. Duderstadt, President Emeritus and University Professor of Science and Engineering, The University of Michigan provides an extensive report on the state of engineering in the USA…”
January 19th, 2008 at 10:12 am
Useful insights…it sounds absurd that one university can a silicon valley make, but well it is difficult to deny the enormous influence Stanford University (OK, ok, their engineering branch) plays in the shaping of silicon valley
Thanks again for a good article and those two useful quotes - those of Paul Graham and Guy!
February 21st, 2008 at 8:58 am
[...] strongly agree with the economic benefits from strong science and engineering education and the personal benefit of science and technology expertise (one small example: S&P 500 CEOs [...]
February 25th, 2008 at 3:24 pm
[...] and technology education and economic develop have (Singapore woos top scientists with new labs - The Future is Engineering. The report notes that only 56% of R&D funding in the European Union came from industry in [...]
May 21st, 2008 at 10:25 am
the consequences of failing to take sensible action today will be large. Science and engineering centers of excellence have been a very important factor for the economic success of the USA.
August 18th, 2008 at 10:10 am
[...] is one small example of why Silicon Valley is so successful. To be economically successful, countries need to focus on big things (investing in infrastructure, [...]