Blair Seeks Secret of Silicon Valley's Success
By REUTERS
Published: July 30, 2006
SAN JOSE, California (Reuters) - A risk-taking culture and close ties with universities are big reasons for the success of the U.S. computer industry, some of Silicon Valley's brightest stars told Prime Minister Tony Blair on Sunday.
Blair, on a mission to find out the secrets of the U.S. high-tech sector's success and apply the lessons in Britain, traveled to the heart of California's Silicon Valley to trade ideas with some of the sharpest minds in the business.
Chief executives around the table included Steve Jobs of computer maker Apple Computer Inc. (AAPL.O), John Chambers of network equipment maker Cisco Systems Inc. (CSCO.O), Hector Ruiz of chip maker Advanced Micro Devices Inc. (AMD.N) and Jonathan Schwartz of computer maker Sun Microsystems Inc. (SUNW.O).
Blair's visit to Silicon Valley came on the heels of a visit in June by George Osborne, a senior member of Britain's opposition Conservative Party, who questioned why Britain had produced no Internet giants like Yahoo! (YHOO.O) or Google (GOOG.O).
Osborne's comments were sharply criticized by British researchers who said some exciting companies were starting to emerge from the country's universities....
http://www.nytimes.com/reuters/technology/tech-blair-usa.html