The Perry Paradox

“Austin,” says technology consultant Bob Barker while taking a visitor around the nearby hills, “may have more Ph.Ds driving taxis than any city in the country.” Austin’s famed population of big and small technology companies has suffered layoffs. “But,” said Mr. Barker, “no one wants to leave.” They stay, plugging into Austin’s numerous business-support networks. In Austin you discover a primary reason beneath Texas’ success: It’s about competition plus collaboration. It seems everyone in Texas high-tech knows everyone, and if they can help each other, they will.