Sunday Times (Sri Lanka)

“If you’re in Silicon Valley, you tend to do better than expected”

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When speaking about successful businesses and startups, Silicon Valley comes to mind. Apple, Facebook, Google and Netflix all have their Silicon Valley location in common. It is the birthplace of innovation, and the grounds in which many paradigm shifting ideas are conceptual­ized.

“The entire ecosystem is nurturing and helping companies within Silicon Valley realize their promise on a more guaranteed basis than anywhere else in the state,” said co- author Scott Stern of the Massachuse­tts Institute of Technology and the National Bureau of Economic Research in Cambridge, Massachuse­tts.

Speaking about the advantages of being in Silicon Valley, Russell Hancock, president and CEO of San Jose- based Joint Venture Silicon Valley, a policy organizati­on focused on regional issues says that the local is more than mere hype. “It seems intuitive but it is nice to have social science back us up,” Hancock said. “We have a habitat here that creates a supportive environmen­t,” he said. “And we have the infrastruc­ture — the VC, the lawyers, and accountant­s. They’re all within spitting distance.”

Advantages in Graduating near Silicon Valley

Silicon Valley has two advantages. First, “there is a higher initial quality of start- ups — people are being drawn there, they graduate from its universiti­es, they are more ambitious,” Stern said. “Silicon Valley supercharg­es that effect, helping them along, so they deliver on their promise” he added.

They found that the highest- quality start- ups are centredon research institutio­ns, such as the California State Universiti­es, which each host regions of entreprene­urial quality.

Empowering You to Start Your Own Venture

“Research centres attract extremely bright, curious, energetic and ambitious people — people who want to change the world in a positive way. Increasing­ly, they want to realize their dreams in their own ventures, not buried in a large company,”

“With more education on how to start and build companies being evangelize­d at places like Stanford, SRI and many other research institutio­ns, it’s no longer so intimidati­ng to researcher­s to start up a venture based on their breakthrou­gh science and technology,” said Steve Ciesinski, president of Global Partnershi­ps at Menlo Park’s SRI Internatio­nal and a lecturer at the Stanford Graduate School of Business.

“If you’re in Silicon Valley, you’ll tend to do better than expected,” he said in conclusion.

Your Entrance to Silicon Valley

In order to give students the key to success, NCHS has affiliated with three California State Universiti­es; California State University Monterey Bay, California State University San Marcos and California State University Humboldt.

Nawaloka College of Higher Studies, Colombo

Located in the heart of Colombo 03, NCHS offers the best facilities which include purpose- built engineerin­g and computer laboratori­es, a resource-oriented library, study areas and ample parking space and reputed academics to administer the programs. The curriculum delivered is the same as at the California State Universiti­es and maintains high quality assurance benchmarks.

In order to enable students to follow the degree programs and succeed in life, student loan facilities at special interest rates are also on offer.

If you wish to maximize on this fabulous opportunit­y and be a part of the prestigiou­s degree pathway programs at NCHS, call 0777 799 997/ 011 5 899 998 or email info@nchs.edu.lk for more informatio­n.

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