Silicon Valley

Silicon Valley

Silicon Valley (/ˈsɪlɪkən ˈvæli/) is a region in the southern part of the San Francisco Bay Area in Northern California that serves as a global center for high technology and innovation.

Etymology

The term "Silicon Valley" was coined by journalist Don Hoefler in 1971. The name comes from the large number of silicon chip innovators and manufacturers in the region.

Related Terms

• High Tech: High technology, often abbreviated to high tech, is technology that is at the cutting edge: the most advanced technology currently available.
• Innovation: Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services.
• Startup company: A startup company (startup or start-up) is an entrepreneurial venture which is typically a newly emerged, fast-growing business that aims to meet a marketplace need by developing a viable business model around an innovative product, service, process or a platform.
• Venture Capital: Venture capital (VC) is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth (in terms of number of employees, annual revenue, or both).

External links

• Medical encyclopedia article on Silicon Valley
• Wikipedia's article - Silicon Valley

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