Silicon Valley Analytical Essay by Suzannah

Silicon Valley
An analysis of the primary factors that caused the development of the high technology industry in Silicon Valley.
# 147695 | 2,669 words | 15 sources | APA | 2011 | US
Published on Jun 15, 2011 in Business (Industries) , Business (Small) , Computer and Technology (General)


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Description:

The semiconductor industry in Silicon Valley, which emerged during the 1950s, is recognized as one of the most impressive industry clusters in the United States. This paper explores the role of entrepreneurial activity in the development of Silicon Valley by tracing the growth of the semiconductor industry and the way in which this was impacted by economic, social and cultural factors. Attention is also be given to several of the key figures and firms that played important roles in the industry's development, thus showing that entrepreneurial activity was the primary driver in the growth and establishment of Silicon Valley.

Outline:
Introduction
The Growth of the Semiconductor Industry in Silicon Valley
Conclusion

From the Paper:

"Silicon Valley also played a significant role in the expansion of ICTs during the 1990s - a period that was "characterized by a frenzied state of rapidly rising stock prices, lucrative stock options, Initial Public Offering (IPOs), venture capital deals and tight labour markets" (Fairley 2007:3). Between January 1996 and March 2000, the NASDAQ rose from 1,059 to 5,049, unemployment in Silicon Valley had dropped to an all time low of 1.7 percent in December 2000, and the later years of the 1990s were "characterized by a marked increase in the use of computers and the Internet by individuals and firms. The media dubbed it the "dot com" boom ... [and] there was the impression that everyone was or planned to be an entrepreneur and involved in some type of start-up" (Fairley 2007:3). However, and while the economic expansion during this period most certainly provided and created opportunities for entrepreneurship, research suggests that various factors may have helped to suppress such activities. "

Sample of Sources Used:

  • Braun, Ernst. and Macdonald, Stuart. (1982): Revolution in Miniature, second edition, Cambridge University Press, Cambridge, Mass.
  • Buenstorf, G.: "Opportunity spin-offs and necessity spin-offs." International Journal of Entrepreneurial Venturing, 1 (2009): 22-40.
  • Fairley, Robert (2007). 'Entrepreneurship in Silicon Valley During the Boom and Bust." Retrieved 06/08/2011 from:<http://archive.sba.gov/advo/research/rs296tot.pdf>
  • Hanson, Dirk (1982): The New Alchemists: Silicon Valley and the Microelectronics Revolution, Little & Brown Co., Boston, Mass.
  • Kenney, M. (2000). Understanding Silicon Valley: The Anatomy of an Entrepreneurial Region, Stanford Business Books; 1 edition (August 1, 2000).

Cite this Analytical Essay:

APA Format

Silicon Valley (2011, June 15) Retrieved July 02, 2020, from https://www.academon.com/analytical-essay/silicon-valley-147695/

MLA Format

"Silicon Valley" 15 June 2011. Web. 02 July. 2020. <https://www.academon.com/analytical-essay/silicon-valley-147695/>

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