Parts of Silicon Valley have experienced a wave of thefts in the first six months of 2012.

WSJ: Steve Jobs's House Burglarized

The phenomenal success and celebritization of Silicon Valley tech entrepreneurs like Zuckerberg, Dorsey, Page, Brin, and others has created a wave of would-be startup billionaires dreaming of Gulfstreams and Maybachs.

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Network carriers in particular are scrambling to compete with the new wave of mobile upstarts that have turned Silicon Valley into Smartphone Valley in less than 3 years.

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Or maybe Silicon Valley will learn the hard way that no regional economy has the birthright to lead the next wave of innovation.

ECONOMIST: High-tech America

Most of the world lets Silicon Valley lead and then replicates its ideas, saturates the market, and fizzles until the next wave of innovation appears.

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