Why Britain's unicorns don't live up to Silicon Valley hype

The United States may well be starting to lose its dominance on the global stage, but it’s hard to deny that its native Silicon Valley has been the envy of global governments for decades. Even China, which generally looks upon American culture with disdain, has been stealthily building clusters of Silicon somethings, if not valleys. Here, research and development funding has swelled by an average of 64 percent year on year for the past half-decade – all with the hope of creating the same west-coast sweet spot somewhere to the east. Yet, so far, no country can claim to have… [Continue Reading]