It is a hard concept to explain precisely and to quantify, but the idea of differing levels of social capital helps explain why, for example, French entrepreneurs (not to mention Indian, Chinese, Mexican and Nigerian) are more likely to create successful
tech startups in the US or the UK than at home, or why it is easier to start a business in Sidney than in Beijing, or why technological innovation is not evenly spread out among countries, even among countries at similar development levels, but rather tends to
cluster in a few areas in a few countries where
tech entrepreneurs seem to believe that their
work is made easier and the rewards greater.
In our intro section, Jonathan Vanian and I discuss all (or a bunch anyway) of this week's Kubernetes news — where Mirantis was latest into the pool,
working with Google to bring the
cluster management framework to OpenStack clouds, joining HP and a raft of other
tech vendors endorsing the open - source framework.