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San Jose/Silicon Valley remains the world's leading center for innovation--the
#1 area for entrepreneurs and companies that compete on innovation.
1. Venture Capitalists' #1 Investment--One-third
of all venture capital invested in the United States is invested
in companies in the San Jose area--$7.7 billion in 2007 alone.
2. National Leader in Patents--San Jose leads the nation
in patent generation, and is home to more patent holders than San Diego and
Los Angeles combined.
3. Productivity Double the Nation--Employee
productivity in the San Jose area is more than a quarter higher
than the national average.
4. Exceptionally Well-Educated--More than
36% of the workforce has a bachelor's degree or higher, compared
with 27% nationally.
5. #1 in Technology Expertise--The San Jose
area is home to the largest concentration of technology expertise
in the world--more than 5,600 technology companies employing
more than 240,000 people.
6. Most Diversified Tech Economy--San Jose is the most diversified
of any innovation-based community; specializations span seven technology fields
and foster innovation across disciplines.
7. Entrepreneurial Energy--More than 85% of new job growth
in the region comes from companies less than 10 years old.
8. Real Estate Rates at 1999 Levels--High-quality
workspace is available at 1999 rates in the world's leading
center of innovation.
9. Highest Disposable Income in the Nation--San Jose households
have the highest median disposable income in the nation.
10. Largest City in the Bay Area--San Jose has the largest
population and employment base in the San Jose-San Francisco-Oakland Bay Area.
11. Best Companies to Work for--"Fortune
Best Companies to Work For" are headquartered in San
Jose: Adobe Systems and Cisco Systems.
12. Best “Available Biotech Workforce”--
San Jose tops the index for a science and technology workforce
supporting the biotech industry and life science in general
(Milken Institute, 2005)
Video Clips
Meg Whitman, CEO, eBay, commenting on San Jose's Entrepreneurial Spirit.
Chet Faris, CEO, Stion Corporation, commenting on San Jose's Innovative Spirit.
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