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Dear god, stop trying to replicate Silicon Valley elsewhere.

Create a newer, better ecosystem for entrepreneurs. You're pretty much destined to fail if you try to replicate SV. Move the goal posts to something else.

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You are right of course, but you should remember that when governments try to spur innovation and entrepreneurship they have to sell the idea to their constituents and to their talented people. It helps to at least have a great cluster to describe to people what innovation could mean. A sort of crazy end goal to consider. But yes, for most direct comparisons smaller countries should like Steve Blank said be looking at Israel, Singapore and Finland.

Honestly, I think the most challenging thing will be to change Chile's cultural fear of failure. That is probably the single best asset that Israeli culture has in spurring innovation. It is just considered the norm.

They are not trying to replicate Silicon Valley but to create an innovation hub for start-ups and entrepreneurship like in other small countries (Israel and Finland is mentioned). "Silicon Valley" is just a recognized name, it's like saying Kleenex for tissues.

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