Why replicating Silicon Valley in the Big Apple is a tall order

11/21/2011 | New York Times (tiered subscription model), The

Real estate developers, universities and the administration of Mayor Michael Bloomberg are some of the forces hoping to turn New York City into a global technology hub. There are 17 institutions vying for as much as $100 million in city money to build an engineering campus and business-incubation centers. Skeptics, however, say it takes more than money and a dream to inspire the type of collective organic growth that the California region has seen.

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