New York City Takes on Silicon Valley
Mayor Michael Bloomberg announced Monday that Cornell University, with its partner the Technion - Israel Institute of Technology, has been chosen to build a new applied sciences and engineering school on Roosevelt Island. It is another sign of his administration’s push to promote and expand the city’s growing technology sector.
“It promises to create a beehive of innovation and discovery, attracting and nurturing the kind of technical talent that will spawn new companies, create new jobs and propel our city's economy to new frontiers,” the mayor said.
But even as the city pushes for the new campus, finding and duplicating the exact mix that made Silicon Valley what it is could be challenging. Read the full story here.