Saturday, February 28, 2015

San Jose is America's #1 Most Innovative Tech Hub

This may not come as a shock to anyone in Silicon Valley, but the San Jose metro has been ranked as the most Innovate Tech Hub in the US by a mile. The key factors that led to this concusion were the number of patents per 1,000 residents, the financial support behind innovation (VC funding), and the economies of agglomeration (were companies like startups are clustering together). San Francisco came in a distant third based on the scores. Surprisingly, Boulder made it to second due to substantial startup clustering. Also worth noting is the fact that San Jose has 27 patents filed per 1,000 residents, which is dramatically higher than any other city in the US.

Source: NerdWallet

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