ABSTRACT
Silicon Valley has a guaranteed place in history as the original industrial core of the revolution in information technologies. The experience of Silicon Valley is characterized by the stark contrast between the promises of high technology for the quality of life and the disruptive social and environmental effects produced by fast-track development on the area, and on the industry workers. Silicon Valleys fate is to live up to its own historic role as a milieu of innovation of the latest industrial revolution whatever the consequences for its land and for its people. Technological revolutions have been associated in history with the emergence of cultures. The territorial concentration of innovation processes in certain core areas seems to be a prerequisite for the development of culture and for the positive interaction between technological innovation and cultural change. But Silicon Valley firms were able to take advantage of the military bonanza because of their extraordinary versatility, entrepreneurialism, and high level of mutual interaction.
