![]() ![]() A very powerful sense of regional solidarity accompanied the rise of Silicon Valley. Stanford University, its affiliates, and graduates have played a major role in the development of this area. Stanford University played the central role in the emergence of Silicon Valley, both through its academic programs and through its real investments into the local tech ecosystem, such as with the Stanford Research Park. The immediate area was soon filled with aerospace firms, such as Lockheed, which was Silicon Valley's largest employer from the 1950s into 1980s. Many of the original companies stayed, while new ones moved in. When the Navy gave up its airship ambitions and moved most of its west coast operations to San Diego, the National Advisory Committee for Aeronautics (NACA, forerunner of NASA) took over portions of Moffett Field for aeronautics research. Ī number of technology firms had set up shop in the area around Moffett Field to serve the Navy. The station was renamed NAS Moffett Field, and between 19, U.S. In 1933, Air Base Sunnyvale, California, was commissioned by the United States Government for use as a Naval Air Station (NAS) to house the airship USS Macon in Hangar One. Over the next decade, the FTC created the world's first global radio communication system, and signed a contract with the Navy in 1912. patents for Poulsen arc radio transmission technology and founded the Federal Telegraph Corporation (FTC) in Palo Alto. Later that year, Stanford University graduate Cyril Elwell purchased the U.S. In 1909, Charles Herrold started the first radio station in the United States with regularly scheduled programming in San Jose. The Bay Area had long been a major site of United States Navy research and technology. ![]() ![]() Įstablished in 1931, Moffett Field in Sunnyvale/ Mountain View has played a strategic role in Silicon Valley's evolution, researching and developing key technologies, first for the U.S. More recently, intensifying droughts in California have further strained the Silicon Valley region’s water security. Many headquarters of tech companies in Silicon Valley have become hotspots for tourism. The name also became a global synonym for leading high-tech research and enterprises, and thus inspired similarly named locations, as well as research parks and technology centers with comparable structures all around the world. The term Silicon Valley is often used as a synecdoche for the American high-technology economic sector. Īs more high-tech companies were established across San Jose and the Santa Clara Valley, and then north towards the Bay Area's two other major cities, San Francisco and Oakland, the term "Silicon Valley" came to have two definitions: a narrower geographic one, referring to Santa Clara County and southeastern San Mateo County, and a metonymical definition referring to high-tech businesses in the entire Bay Area. As of 2021, the region employed about a half million information technology workers. It was in Silicon Valley that the silicon-based integrated circuit, the microprocessor, and the microcomputer, among other technologies, were developed. Silicon Valley also accounts for one-third of all of the venture capital investment in the United States, which has helped it to become a leading hub and startup ecosystem for high-tech innovation. Silicon Valley is home to many of the world's largest high-tech corporations, including the headquarters of more than 30 businesses in the Fortune 1000, and thousands of startup companies. The San Jose Metropolitan Area has the third-highest GDP per capita in the world (after Zurich, Switzerland and Oslo, Norway), according to the Brookings Institution, and, as of June 2021, has the highest percentage of homes valued at $1 million or more in the United States. San Jose is Silicon Valley's largest city, the third-largest in California, and the tenth-largest in the United States other major Silicon Valley cities include Sunnyvale, Santa Clara, Redwood City, Mountain View, Palo Alto, Menlo Park, Cupertino and Fremont. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo County, Santa Clara County and Alameda County. Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. ![]()
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