Innovation Ecosystem Advantage Highlighted by Tesla

3 months ago

Rachel Warren

"once they come through various stages of early venture capital we will see them emerge and so you know one might have expected electric vehicles to have come out of Detroit Mottown and yet it came out of Silicon Valley with Tesla and so the investor needs to look at the innovation ecosystem systems out there and not just the traditional industrial clusters."

The speaker emphasizes that while one might have expected electric vehicles to originate from traditional industrial hubs like Detroit, Tesla emerged from Silicon Valley due to the strength of its innovation ecosystem. This commentary implies that companies embedded in thriving ecosystems may be better positioned for long-term success.

Related Stocks