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Milken Ranking of Top High Tech Metro Clusters in North America
Colleagues,
As reported by the Milken Institute ... Almost ten-years ago, the Milken Institute first released America’s High-Tech Economy which cataloged technology’s central role in propelling economic growth in high-wage jobs and value-added economic activity.
In this new study, they rank metro areas in the U.S., Canada and Mexico according to their performance as “tech poles.” The entire study and a complete explanation of their methodology can be found in the full report, downloadable from milkeninstitute.org. .
Top-Performing Metro Areas are:
1. Silicon Valley (the San Jose–Sunnyvale–Santa Clara, California metro area) remains the preeminent high-tech cluster in North America (and the world), although it’s once seemingly enormous lead over other regions has diminished somewhat. Even so, it retains an unrivaled capacity to capture locally generated intellectual property and to convert it into economically viable businesses. Its firms regard R&D as part of their very DNA; they see innovation as their core business mission rather than as a necessity that can be given short shrift when times during recessionary time.
2. Seattle-Bellevue-Everett’s second-place position on the tech pole index should be no surprise. The metro area employed 226,300 high-tech workers in 2007, just 17,700 fewer than San Jose. Seattle owes most of its stellar ranking, of course, to software, mainly Microsoft and its spinoffs, as well as aerospace.
3. The Massachusetts metro combining Cambridge,Newton and Framingham, is third on the tech pole index. Home to world-class research universities including Harvard and MIT, and the global leader in commercializing and transferring university research to the private sector, the metro area has an ecosystem of technology entrepreneurship that rivals Silicon Valley’s. The research intensity in the area has enabled it to be among the elite in generating and growing biotech start-ups, as well as attracting the research divisions of large pharmaceutical and biotech firms.
4. Washington-Arlington-Alexandria is fourth among tech poles. The capital area is the North American leader in high-tech services, placing in the top ten in six out of eight high-tech service categories. Overall, firms in the Washington metro employed 275,700 high-tech workers in 2007, double the average concentration in North America.
5. Los Angeles–Long Beach–Glendale ranks fifth thanks to its still-vast aerospace footprint and the emergence of the technology-intensive segment of the motion picture industry. The area has a large university research base, with world-class institutions including Cal Tech, UCLA, and USC. They provide great depth in medical research, especially in the biotech area.
6. The Dallas-Plano-Irving, Texas, metro division is sixth on the tech pole index. Its strengths lie in information and communications technology hardware and data processing services. Overall, high tech employed 187,700 workers in 2007, for a concentration 50 percent above the North American average.
7. San Diego–Carlsbad–San Marcos is home to the world’s most geographically dense biotech cluster, with a strong position in telecom hardware and services and several other fields. San Diego employed 136,400 in high-tech sectors in 2007, 80 percent above the average North American concentration. The metro area placed in the top ten in a total of four high-tech sectors.
8. San Diego’s neighbor to the north, Santa Ana–Anaheim-Irvine (Orange County) is eighth on the tech pole index, a jump of three places since 2003. High tech in the area is driven largely by medical equipment manufacturing, medical and diagnostic labs as well as measuring, electro-medical and control instruments manufacturing. But the presence of Broadcom makes it a key player in communication chips, too. Orange County ranks among the top ten in seven categories and exceeds the North American concentration in a remarkable 16 categories.
9. Part of the greater New York City area, the metro division of New York–White Plains–Wayne places ninth on the overall tech pole list. While the area is not particularly known for high-technology, it does employ 262,000 high-tech workers – tens of thousands more than Seattle. New York is second only to Los Angeles in motion pictures and video industries. It is also a key location for Internet portals, placing the area third in other information services.
10. San Francisco–San Mateo–Redwood City just made it the top ten in 2007, slipping from eighth in 2003. The dot-com bust hit San Francisco harder than any other tech-pole. However, the creativity of its entrepreneurs and high-skill level of its workforce give the metro the capacity to constantly reinvent itself. Biotech heavyweight Genentech was initially built around local university research. It ranks fifth among software publishers with major operations of Electronic Arts and Oracle. San Francisco is a major hub of data processing, hosting, and related services, where it ranks seventh. And it ranks just behind the DC metro in high-tech services.
11. The Philadelphia, Pennsylvania metro area was eleventh on the tech pole index in 2007, up two slots from 2003. The area hosts a number of pharmaceutical companies including Merck, Wyeth, and GlaxoSmithKline, as well as biotech firms including Cephalon. Philadelphia ranked seventh in scientific R&D services, up from 14th in 2003 thanks to biotech’s rising star. Philadelphia is strong in medical devices as well.
12. Atlanta–Sandy Springs–Marietta’s ranking is due largely from its first-place ranking in telecommunications. AT&T’s Mobility division is the biggest local player in telecom; overall the sector employs 37,900 workers in Atlanta.
13. Edison, New Jersey, placed third in pharmaceutical and medicine manufacturing, with 16,800 workers. Major players include Bristol-Myers Squibb and Johnson & Johnson. Edison is a top-ten performer in telecommunications as well.
14. The Chicago, Illinois portion of the Greater Chicago metro ranks among the top ten in telecom and computer systems design and related services. Altogether, some 200,000 local workers were employed in high-tech industries in 2007. The two biggest high-tech firms: Motorola and Abbott Labs.
15. Toronto is Canada’s highest-ranking tech center, coming in 15th in North America.. And with 157,400 high-tech sector jobs it ranks tenth in terms of absolute size. Private-public research collaborations involving the University of Toronto and McMaster University have propelled the metro’s emergence as an attractive place for biopharmaceutical firms. Major players include GlaxoSmithKline and Apotex. Toronto is Canada’s leading center of computer systems design and related services, a category in which it ranks eighth in North America. The metro area has nurtured a thriving film cluster as well.
16. Oakland-Fremont-Haywood isn’t in the top ten finish in any of the 19 categories, it exceeds the average high-tech job concentration in 16 of them. Major tech employers include Oracle and Sybase.
17. Minneapolis–St. Paul–Bloomington owes its position to medical devices giants Medtronics and Boston Scientific. Overall, Minneapolis has a higher than average concentration of high-tech jobs in nine categories.
18. Denver-Aurora ranking comes in large part to its fourth-place finish in telecom. Qwest Communications is the largest employer in the metro area.
19. Montréal is Canada’s second metro to make the top twenty, and it’s up eight spots since 2003. Montréal boasts more than 127,000 high-tech jobs, with aerospace as a primary driver. Bombardier is headquartered here, contributing nearly 21,000 aerospace-related jobs, but Pratt & Whitney also has a large presence. Montréal’s aerospace cluster is supported by its formidable research capacity, a mix of four major universities and 197 research centers.
20. Austin–Round Rock, arguably the quintessential 21st-century knowledge-based community, rounds out the top twenty. Among high-tech industries, its highest concentration is in computer and electronic product manufacturing. Dell is headquartered here. But it is also favored by major presences of IBM, Applied Materials, Advanced Micro Devices, Flextronics and Samsung Austin Semiconductor.
Mexican States
Baja California, the state that makes up the northern half of the Baja California Peninsula and include the cities of Tijuana, Mexicali and Ensenada, is the top-ranking Mexican state in the tech pole index. Placing 15th in North America (in 2003), it employed 104,000 in high-tech sectors.
The Distrito Federal or DF which encompasses Mexico City and its immediate surrounding area, was the second-ranking Mexican state, placing 20th overall in North America in 2003. The DF was the top tech pole for telecommunications in North America in 2003, thanks largely to the location of giant Telefónicas de México (Telmex). The concentration of telecommunications in the region is nearly three-and-one-half times greater than average in North America and telecom employment (82,100) was nearly double that of second-ranking Atlanta.
As reported by the Milken Institute ... Almost ten-years ago, the Milken Institute first released America’s High-Tech Economy which cataloged technology’s central role in propelling economic growth in high-wage jobs and value-added economic activity.
In this new study, they rank metro areas in the U.S., Canada and Mexico according to their performance as “tech poles.” The entire study and a complete explanation of their methodology can be found in the full report, downloadable from milkeninstitute.org. .
Top-Performing Metro Areas are:
1. Silicon Valley (the San Jose–Sunnyvale–Santa Clara, California metro area) remains the preeminent high-tech cluster in North America (and the world), although it’s once seemingly enormous lead over other regions has diminished somewhat. Even so, it retains an unrivaled capacity to capture locally generated intellectual property and to convert it into economically viable businesses. Its firms regard R&D as part of their very DNA; they see innovation as their core business mission rather than as a necessity that can be given short shrift when times during recessionary time.
2. Seattle-Bellevue-Everett’s second-place position on the tech pole index should be no surprise. The metro area employed 226,300 high-tech workers in 2007, just 17,700 fewer than San Jose. Seattle owes most of its stellar ranking, of course, to software, mainly Microsoft and its spinoffs, as well as aerospace.
3. The Massachusetts metro combining Cambridge,Newton and Framingham, is third on the tech pole index. Home to world-class research universities including Harvard and MIT, and the global leader in commercializing and transferring university research to the private sector, the metro area has an ecosystem of technology entrepreneurship that rivals Silicon Valley’s. The research intensity in the area has enabled it to be among the elite in generating and growing biotech start-ups, as well as attracting the research divisions of large pharmaceutical and biotech firms.
4. Washington-Arlington-Alexandria is fourth among tech poles. The capital area is the North American leader in high-tech services, placing in the top ten in six out of eight high-tech service categories. Overall, firms in the Washington metro employed 275,700 high-tech workers in 2007, double the average concentration in North America.
5. Los Angeles–Long Beach–Glendale ranks fifth thanks to its still-vast aerospace footprint and the emergence of the technology-intensive segment of the motion picture industry. The area has a large university research base, with world-class institutions including Cal Tech, UCLA, and USC. They provide great depth in medical research, especially in the biotech area.
6. The Dallas-Plano-Irving, Texas, metro division is sixth on the tech pole index. Its strengths lie in information and communications technology hardware and data processing services. Overall, high tech employed 187,700 workers in 2007, for a concentration 50 percent above the North American average.
7. San Diego–Carlsbad–San Marcos is home to the world’s most geographically dense biotech cluster, with a strong position in telecom hardware and services and several other fields. San Diego employed 136,400 in high-tech sectors in 2007, 80 percent above the average North American concentration. The metro area placed in the top ten in a total of four high-tech sectors.
8. San Diego’s neighbor to the north, Santa Ana–Anaheim-Irvine (Orange County) is eighth on the tech pole index, a jump of three places since 2003. High tech in the area is driven largely by medical equipment manufacturing, medical and diagnostic labs as well as measuring, electro-medical and control instruments manufacturing. But the presence of Broadcom makes it a key player in communication chips, too. Orange County ranks among the top ten in seven categories and exceeds the North American concentration in a remarkable 16 categories.
9. Part of the greater New York City area, the metro division of New York–White Plains–Wayne places ninth on the overall tech pole list. While the area is not particularly known for high-technology, it does employ 262,000 high-tech workers – tens of thousands more than Seattle. New York is second only to Los Angeles in motion pictures and video industries. It is also a key location for Internet portals, placing the area third in other information services.
10. San Francisco–San Mateo–Redwood City just made it the top ten in 2007, slipping from eighth in 2003. The dot-com bust hit San Francisco harder than any other tech-pole. However, the creativity of its entrepreneurs and high-skill level of its workforce give the metro the capacity to constantly reinvent itself. Biotech heavyweight Genentech was initially built around local university research. It ranks fifth among software publishers with major operations of Electronic Arts and Oracle. San Francisco is a major hub of data processing, hosting, and related services, where it ranks seventh. And it ranks just behind the DC metro in high-tech services.
11. The Philadelphia, Pennsylvania metro area was eleventh on the tech pole index in 2007, up two slots from 2003. The area hosts a number of pharmaceutical companies including Merck, Wyeth, and GlaxoSmithKline, as well as biotech firms including Cephalon. Philadelphia ranked seventh in scientific R&D services, up from 14th in 2003 thanks to biotech’s rising star. Philadelphia is strong in medical devices as well.
12. Atlanta–Sandy Springs–Marietta’s ranking is due largely from its first-place ranking in telecommunications. AT&T’s Mobility division is the biggest local player in telecom; overall the sector employs 37,900 workers in Atlanta.
13. Edison, New Jersey, placed third in pharmaceutical and medicine manufacturing, with 16,800 workers. Major players include Bristol-Myers Squibb and Johnson & Johnson. Edison is a top-ten performer in telecommunications as well.
14. The Chicago, Illinois portion of the Greater Chicago metro ranks among the top ten in telecom and computer systems design and related services. Altogether, some 200,000 local workers were employed in high-tech industries in 2007. The two biggest high-tech firms: Motorola and Abbott Labs.
15. Toronto is Canada’s highest-ranking tech center, coming in 15th in North America.. And with 157,400 high-tech sector jobs it ranks tenth in terms of absolute size. Private-public research collaborations involving the University of Toronto and McMaster University have propelled the metro’s emergence as an attractive place for biopharmaceutical firms. Major players include GlaxoSmithKline and Apotex. Toronto is Canada’s leading center of computer systems design and related services, a category in which it ranks eighth in North America. The metro area has nurtured a thriving film cluster as well.
16. Oakland-Fremont-Haywood isn’t in the top ten finish in any of the 19 categories, it exceeds the average high-tech job concentration in 16 of them. Major tech employers include Oracle and Sybase.
17. Minneapolis–St. Paul–Bloomington owes its position to medical devices giants Medtronics and Boston Scientific. Overall, Minneapolis has a higher than average concentration of high-tech jobs in nine categories.
18. Denver-Aurora ranking comes in large part to its fourth-place finish in telecom. Qwest Communications is the largest employer in the metro area.
19. Montréal is Canada’s second metro to make the top twenty, and it’s up eight spots since 2003. Montréal boasts more than 127,000 high-tech jobs, with aerospace as a primary driver. Bombardier is headquartered here, contributing nearly 21,000 aerospace-related jobs, but Pratt & Whitney also has a large presence. Montréal’s aerospace cluster is supported by its formidable research capacity, a mix of four major universities and 197 research centers.
20. Austin–Round Rock, arguably the quintessential 21st-century knowledge-based community, rounds out the top twenty. Among high-tech industries, its highest concentration is in computer and electronic product manufacturing. Dell is headquartered here. But it is also favored by major presences of IBM, Applied Materials, Advanced Micro Devices, Flextronics and Samsung Austin Semiconductor.
Mexican States
Baja California, the state that makes up the northern half of the Baja California Peninsula and include the cities of Tijuana, Mexicali and Ensenada, is the top-ranking Mexican state in the tech pole index. Placing 15th in North America (in 2003), it employed 104,000 in high-tech sectors.
The Distrito Federal or DF which encompasses Mexico City and its immediate surrounding area, was the second-ranking Mexican state, placing 20th overall in North America in 2003. The DF was the top tech pole for telecommunications in North America in 2003, thanks largely to the location of giant Telefónicas de México (Telmex). The concentration of telecommunications in the region is nearly three-and-one-half times greater than average in North America and telecom employment (82,100) was nearly double that of second-ranking Atlanta.
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Comment by Gerry Higgins on June 18, 2009 at 8:07am
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Well, I guess there is redemption in this world. After being released from prison in 1990 for securities fraud, Michael Milken has tried to do the right thing.
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