"Must reading for anyone who wants to understand the driving point for the New Economy. It's especially gratifying to learn the story directly from some of the Valley's key figures."--John Young, retired CEO, Hewlett-Packard"To emulate, one must first understand. This book is an essential guide for communities and individuals worldwide trying to understand and emulate this startling phenomenon known as Silicon Valley. It shows that by harnessing the power of abundant ideas, 'Silicon Valley' has become not just a place but a culture and a state of mind."--Vinod Khosla, General Partner, Kleiner Perkins Caufield and Byers

Introduction; 1. The Silicon Valley habitat Chong-Moon Lee, William F. Miller, Marguerite Gong Hancock and Henry S. Rowen; 2. Mysteries of the region: knowledge dynamics in Silicon Valley John Seely Brown and Paul Duguid; Part I. Silicon Valley Today: 3. A profile of the Valley's evolving structure Doug Henton; 4. Life in Silicon Valley: a first-hand view of the region's growth E. Floyd Kvamme; 5. Innovation in business models T. Michael Nevens; 6. Four styles of Valley entrepreneurship Chong-Moon Lee; 7. Changing everything: the Internet revolution and Silicon valley Steve Jurvetson; Part II. The Evolution of Silicon Valley: 8. Fairchild semiconductor and its influence Christopher Lecuyer; 9. Serendipity or strategy: how technology and markets came to favor Silicon Valley Henry S. Rowen; 10. The role of Stanford University: a Dean's reflections James Gibbons; 11. Social networks in Silicon Valley' Emilio J. Castilla, Hokyu Hwang, Ellen Granovetter and Mark Granovetter; 12. Networks of immigrant entrepreneurs Annalee Saxeninan; Part III. A Clustered Community: 13. Venture capitalists: the coaches of Silicon Valley Thomas F. Hellmann; 14. The valley of deals: how venture capital helped shape the region P. Banatao and Kevin A. Fong; 15. Fueling the revolution: commercial bank financing John C. Dean; 16. Advising the new economy: the role of lawyers Craig W. Johnson; 17. Shepherding the faithful: the influence of executive search firms Thomas J. Friel; 18. Guiding the innovators: why accountants are valued James D. Atwell; 19. Free advice: consulting the Silicon Valley way Regis McKenna; Afterword: sustaining the edge Chong-Moon Lee, William F. Miller, Marguerite Gong Hancock and Henry S. Rowen; Notes; References; Index.