Technology companies employ more than 300,000 people—practically a third of the populace
By Rena Marie Pacella
Posted 03.01.2005 at 9:00 pm
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.
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