Danger Signs for the Silicon Valley

Thursday Feb 11th 2010 by Datamation.com Staff

The annual Index of Silicon Valley says the region may find it very difficult to recover from the recession.

InternetNews.com: A new report prepared by the Joint Venture Silicon Valley Network and the Silicon Valley Community Foundation warns that the region that has been the birthplace of so many technology companies may find it particularly difficult to recover from the recent recession. Warning that the area is "disinvesting in education and we're not cultivating talent," the annual Index of Silicon Valley highlights job losses, high office vacancy rates, and lower venture capital investment.

On the positive side, the report notes that "green" jobs are on the rise and suggests that "green" technology may be a way for the region to recover.

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