Many site outsourcing as a way in which global corporatations are seeking to avoid the typical economic limitations that have been imposed on job production based on geography. Some refer to it as a 'spatial fix,' a way to get around the high cost of workers in the developed world being reworking how business gets done.
This takes that to an entirely different level. The benefits of agglomeration and collaboration help to explain the importance of Silicon Valley. Entrepreneurs from other countries do not all have access to a comparable location with a high concentration of intellectually driven enterprises that amplify their impacts. The Blueseed Project intents to, in essence create a floating city in international waters (just off the coast of California) that is outside of U.S. governmental jurisdiction, but easily accessible for Silicon Valley executives.
More questions than answers arise from this project. How are economic restructurings altering governance? Are borders becoming less or more important with increased technological advances? Would this be a benefit to developing world economies or strengthen the Silicon Valley's economic importance in research and development?
Via Seth Dixon