The Bay Area Corporation

Bears 2006 Conference

In the Bears 2006 conference Richard Newton, the dean of college of engineering at UC Berkeley, noted that the bay area is a corporation. He argued that in a flat world, it is the concentration of talents and resources that matters the most. In that sense, the bay area is better poised than most other economies in the world. Through this analogy of the bay area as a corporation, he refuted the arguments of Thomas L. Friedman.

In his latest book, Thomas L. Friedman argued that in a well connected (wired, I should say) world, the geographic location in which the products are being created is no more significant. This argument is very much valid. However, the arguments forgets the fact that in a knowledge based economy the amalgamation of knowledge (from sources that are visibly unconnected) has the greatest impact. It requires biologists work along side of computer scientist, electrical engineers, and network designers to decode human genome. Which other economy in the world can say, we have all that.

So, in a head to head competetion with the other two Bs (Beijing, and Bangalore) in the global information talent supply chain, the Bay Area is bound to win.