What it means to me

Venture capital is on the rise, and once again, ti vale is growing thick with start-ups. Research and development funding in silicon Valley has hit new highs, and corporate internet at sp here of influence firms atomic number 18 normally robust. And yet, disrespect an environment in which entrepreneur beam is strong, and set up firms are by and large wellnessy, the atomic number 14 Valley give out market remains stagnant. Household income in the area is down, and distressful disparities persist in the areas of health care, education and housing. Those are among the findings of a report, 2005 te Valley Index, released Monday by Joint Venture: Silicon Valley Network, a nonprofit organization that assesses the partings economic health each year.                                                       There are really two ship canal to view the Silicon Valley economy, said Stephen Levy, ma nager of the totality for Continuing Study of the California Economy in Palo Alto. You could tell apart lots of things are up in Silicon Valley, which gives us reason to be hopeful--except jobs are down, and, of course, thats an wonderful exception. Levy was an consultant to Joint Venture. Sales and exports are up at Silicon Valley companies, Levy said. Profits are up. however thats not translating into general prosperity.

In the past, we could take the reach of prosperity among Silicon Valleys biggest companies as a signal that general prosperity is upon us. But I think the story here is that link has been severed. The principal now is whether that link has been severed permanently. The cogitation found that the region lost a! n estimated 1.3 part of its jobs between mid-2003 and mid-2004, and modal(a) pay flee by 1 percent. That drop came on the heels of the 200,000 jobs that were lost primitively in the decade--representing nearly 20 percent of the work force--when the San... If you expect to get a full essay, night club it on our website: OrderEssay.net

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