Discussion Post 2 - Comparative Advantage Essay Example | Topics and Well Written Essays - 500 words

Discussion Post 2 - Comparative Advantage - Essay ExampleHowever, if the research is based on structural advantages and trends in data, then, Los Angeles will emerge as the next Silicon Valley (Redmond, 2012). According to various sources, Los Angeles has built momentum over the last three years. In fact, Los Angeles has realised a tough foundation for emerging as the next hub for technology entrepreneurship.On the other hand, states like New England and Southern California, also pose a powerful probability of becoming the next Silicon Valley. In 1995, Southern California attracted up to $1.3 jillion while Silicon Valley and New England attracted $1.8 million and $0.8 million of business enterprise capital investment (Redmond, 2012). Later on, in 1999, the internet had attracted other entrepreneurs in the regions hence, increasing the investments. In this period, New England also managed to give rise rapidly as compared to South California. In the past five years, New York and Sou thern California have substantially increased their investments. These locations have boosted three decisive structural merits. These structural advantages include significant technical foul talent, capital availability and entrepreneurship culture.Los Angeles has developed in terms of technical talent that is attributed by the heritage of engineer and technical innovation. Most of the tertiary institutions in Los Angeles are producing more graduates in the technical field. Furthermore, the country is also attracting more learners across the world to join the technical studies (Redmond, 2012). In fact, most of the government funds are directed to invest in entertainment and media facilities. The most exemplary example in this case is the comportment of Google in the country, which has a substantial focus on the technical sector. Los Angeles has also been influenced by strong investors who are partnering with the entrepreneurs in the country in order to contour technology compani es. The entrepreneurs in Los Angeles have a