By Steve Levy
E-mail Steve Levy
About this blog: I grew up in Los Angeles and moved to the area in 1963 when I started graduate school at Stanford. Nancy and I were married in 1977 and we lived for nearly 30 years in the Duveneck school area. Our children went to Paly. We moved ... (More)
About this blog: I grew up in Los Angeles and moved to the area in 1963 when I started graduate school at Stanford. Nancy and I were married in 1977 and we lived for nearly 30 years in the Duveneck school area. Our children went to Paly. We moved downtown in 2006 and enjoy being able to walk to activities. I do not drive and being downtown where I work and close to the CalTrain station and downtown amenities makes my life more independent. I have worked all my life as an economist focusing on the California economy. My work centers around two main activities. The first is helping regional planning agencies such as ABAG understand their long-term growth outlook. I do this for several regional planning agencies in northern, southern and central coast California. My other main activity is studying workforce trends and policy implications both as a professional and as a volunteer member of the NOVA (Silicon Valley) and state workforce boards. The title of the blog is Invest and Innovate and that is what I believe is the imperative for our local area, region, state and nation. That includes investing in people, in infrastructure and in making our communities great places to live and work. I served on the recent Palo Alto Infrastructure Commission. I also believe that our local and state economy benefits from being a welcoming community, which mostly we are a leader in, for people of all religions, sexual preferences and places of birth. (Hide)
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Keeping Silicon Valley Competitive
Uploaded: Aug 26, 2011
I talked to a Rotary group this morning and was asked what I would do to keep/make Silicon Valley competitve for new jobs.
I have recently been part of a team working on three Bay Area economy/workforce studies. Nearly all of our executive interviews found that employers locate here primarily to be close to the world's largest collection of talent. And becasue the entrepreneurs like living here.
So to compete for entrepreenurs we need to compete for talented workers and their families.
Fortunatley most things we should be doing to remain a great place to live and work benefit both entrepreneurs and families--great schools, world-class infrastructure and communities that say "come here to work and live".
We are competing for the best so we have to offer the best. Siliocn Valley is always going to be an expensive area. We have to accpet that--people want to live here and keep housing and land prices high. So we have to offer value for the money.
Companies here know it is an invest or die world. The state and our communities must understand that is true for them as well.
The world offers mamy other places to locate creative and innovative ventures. Right now the Bay Area still gets 40% of the nation's VC funding--a higher share than during the dot.com boom.
But our prosperity depends on being a welcoming region--welcoming by our ivnestments to offer people the best area to live and work in and welcoming for talent--without regard to where you were born or religious or lifestyle preferences.
We are a tech center. That makes it hard to stand still. We either move forward and embrace change or we can't remain the innovative center that has made this region prosperous.
What is it worth to you?
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