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It is considered by many to be the number one “hotbed” for technological
development along with Internet entrepreneurship in the United States. Lecture 15: Indirect networks, Econ483: Econ of Innovation & Technology, Evangelia Chalioti c A ll rights reserved. E Indirect networks Open standards Cases High-tech industry E Silicon Valley: history
In the 1950’ the U.S. Navy had a port in the South San Francisco Bay &
did much of their research & testing in nearby San Jose.
Many companies that sold & developed silicon transistors, a new and
e¢ cient electrical component at the time, had their o¢ ces in the same area.
These events drew electronic engineers & others to the area who thought that
they could lend their research and talents to such companies. Lecture 15: Indirect networks, Econ483: Econ of Innovation & Technology, Evangelia Chalioti c A ll rights reserved. Indirect networks Open standards Cases High-tech industry E San Jose population growth
- Silicon Valley’ transistor & computer sector played a role in drawing such a
large increase in population.
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