Technology companies employ more than 300,000 people—practically a third of the populace
By Rena Marie PacellaPosted 03.01.2005 at 8:00 pm 0 Comments
In San Jose, the unofficial capital of Silicon Valley, technology companies employ more than 300,000 people—practically a third of the populace. The city generates 30 percent more patents than its closest competitor (Boise, Idaho, home to Micron) and receives more than a third of the nation’s venture capital: $5 billion. Headquartered in Silicon Valley are Google, eBay and Cisco Systems; the world’s leading biotech company, Genentech, is up the road.