Description of Silicon Valley
III. limits of Silicon Valley
- high cost of the workforce and property
- debts of companies and households
- increase of the competition
- outsourcing and relocation
- lack of confidence
II. Actual Silicon Valley
- Third largest high tech center in the United States
- Biggest high tech manufacturing center in the US
- 3.7 % of unemployment rate
- SV received 46% of all US venture investment in 2012
- 500 billions dollars of GDP
Silicon Valley as a symbol of the american technology