The Silicon Valley paradox: A qualitative interview study on the social, cultural, and ideological foundations of a global innovation center

Abstract Silicon Valley is both object of intense fascination and stark criticism. Academic observers have described it as a unique amalgamation of hippie culture, libertarian thinking, wild experimentation, but also scientific rigor, high-tech precision, and turbo-capitalism – a seemingly improbable, even paradoxical combination. Nevertheless, Silicon Valley continues to be an economic powerhouse and a global innovation hub. The current study explores its socio-cultural and ideological foundations through the lens of an insider perspective to find explanations for its stability and sustained success in light of conflicting components. Based on 15 interviews with Silicon Valley experts from start-ups, tech giants, and academic institutions, the study identifies several paradoxes on the level of ideology and environment, structure(s), and actors. These can be grouped into a binary, oppositional view, indeed describing the Silicon Valley paradox. However, alternative explanations are given, including the conceptualization as a non-dualist phenomenon.