Why has the information technology industry developed in the silicon valler?
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It was in Silicon Valley that the silicon-based integrated circuit, the MICROPROCEESOR, the microcomputer, among other key technologies, were developed. The region employs about a quarter of a million INFORMATION TECHNOLOGYworkers. Silicon Valley was formed as a milieu of innovations by the convergence on one site of new technological knowledge; a large pool of skilled engineers and scientists from major universities in the area; generous funding from an assured market with the Defense Department; the development of an efficient network of venture capital firms; and, in the very early stage, the institutional leadership of STANFORD UNIVERSITY
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33
Silicon Valley is situated in the San Francisco bay area,in the Northern California of the United States.
The silicon valley is famous for huge development in the information technology.Many leading companies like Facebook,Google and Apple headquarters are in this region.
The name silicon valley came from the silicon chips which we use to manufacture different electronics nowadays.
The availability of needed resources is the major reason behind the huge success of the information technology in the silicon valley.
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