Changing Spaces Making Places: Economic Growth Case Study - Silicon Valley, USA Flashcards
Where is Silicon Valley located?
In San Francisco, California
What companies is Silicon Valley known for?
Many of the biggest tech companies in the world, including Apple, Intel, Adobe and more
How many millionaires/billionaires are there in Silicon Valley?
It has the most millionaires/billionaires in relation to the population
What was Stanford University’s role in building Silicon Valley?
It had a connected research park, which hired highly trained employees from the university
What created the economic boom in Silicon Valley?
Agglomeration and the multiplier effect of tech companies
What gave Silicon Valley its name?
The development of silicon superconductors - used in many computers and electronic devices
What investment does Silicon Valley receive?
Nearly half of all venture capital in the USA is spent in Silicon Valley to fund new companies and technology innovations
