Silicon Valley is the Most Innovative Part of the US
Silicon Valley has long been held as the bastion of innovation, both in America and indeed throughout the world. That perspective was emphasised by a new report conducted by the Brookings Institution.
The report explored the innovative output of 358 metropolitan areas throughout the country, and found that Silicon Valley, or for the purposes of the study the Santa Clara County, came out on top.
The survey defined innovation as patents per employee, and Silicon Valley produced 12.57 patents per employee. This impressive total was more than double the 2nd placed area, Corvallis in Oregen, which mustered 5.27 patents per employee.
What's more, Silicon Valley has been on top every year starting in 1988, Brookings reported in its survey, the first of its kind to measure patent output in U.S. metro centers.
"(Silicon Valley) has staying power for innovation," said Jonathan Rothwell, an associate fellow with Brookings, a Washington, D.C.-based research institute. "It is an extraordinary story of a metro region that has been strong for quite a while."
The main areas of innovation in the area were unsurprisingly computing and online related.
The companies with the most patents during 2011 in the South Bay were Cupertino-based Apple (AAPL), San Jose-based Cisco Systems (CSCO), New York state-based IBM, Palo Alto-based Hewlett-Packard (HPQ) and Santa Clara-based Applied Materials.
The companies in the San Francisco and East Bay region that produced the most patents were Apple, Cisco, Redwood City-based Oracle (ORCL) Systems, Applied Materials and Sunnyvale-based Yahoo (YHOO).