GEOG 361 Lecture Notes - Lecture 23: Linkedin, Fairchild Semiconductor, Ebay
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I(cid:374)(cid:374)o(cid:448)atio(cid:374), high te(cid:272)h, a(cid:374)d the (cid:858)ne(cid:449) e(cid:272)o(cid:374)o(cid:373)(cid:455)(cid:863): f(cid:396)o(cid:373) sili(cid:272)o(cid:374) (cid:448)alle(cid:455) to yaleto(cid:449)(cid:374)(cid:894)a(cid:374)d e(cid:448)e(cid:374) bu(cid:396)(cid:374)a(cid:271)(cid:455)(cid:895) Case study 1: silicon valley: 50-mile stretch is the most productive and innovative land mass in the world. 99 high tech companies, worth a billion dollars. Total worth: 2. 8 trillion dollars: conceived in 1971 by journalists. Region south of san francisco: some of the companies located in silicon valley: Apple, adobe, airbnb, cisco, dropbox, ebay, electronic arts, facebook, intel, Google, hp, linkedin, netflix etc: originated from stanford university. Set up the private university in palo alto. Key to unfolding of silicon valley electrical engineering department. Federic terman: encourage students with good ideas to stay close to stanford, stanford industrial park. Origin of hewlett packard: silicon valley. Venture capital(coined by arthur rock) invested in fairchild semiconductor. Investors in high tech have to be willing to take outrageous risks and have deep pockets: they will lose money (cid:862)milita(cid:396)(cid:455) i(cid:374)dust(cid:396)ial co(cid:373)ple(cid:454)(cid:863) Military role for the microprocessor and computerization.
