This statement by Steve Jobs at Stanford commencement exercise stunned me. Really? It is an important invention of life. ? Then memorial parks (not Silicon Valley is the core of innovation) Because death clears away the old and allows the new to grow and prosper. No wonder there is a strong desire for people to acquire memorial parks despite limited supply and high price.
Thus death sucks in the old, the stale, the irrelevant and obsolete. (Very Schumpeterian) to draw in the new - the young and the innovative.
There was study if retaining the old and proven leaders turned out to be better than the young ones albeit inexperienced. The latter turned out to be better.
We taught about incubators at entrepreneurship and Silicon Valley as hotbed of entrepreneurship and innovation. Whats true is that death and memorial parks really drives up growth and progress.
Its no wonder that the space between the memorial park and the town, which used to be barren and ininhabited grew up to be developed and progressive. The progress included malls (like Gaisano) banks, hotels, resorts and many more
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