Here are some data that compare Silicon Valley to Boston. As I wrote in a sister post, I was astonished to learn that some people in Boston are not aware of these facts. I encourage readers to add additional data in the comments section below.

Source: Richard Florida, Martin Prosperity Institute, University of Toronto

The Silicon Valley Advantage – Some Benchmarks

Pop 2006
Silicon Valley has more people 

San Jose-Sunnyvale-Santa Clara, CA

4,391,344
Boston-Cambridge-Quincy, MA-NH  Metro Area1,735,819
 

GDP per Capita

It has substantially more economic output per head 

San Jose-Sunnyvale-Santa Clara, CA

$86,069.13
Boston-Cambridge-Quincy, MA-NH  Metro Area$73,656.90
The creative class makes up a larger percentage of its workforce  

PctCR

San Jose-Sunnyvale-Santa Clara, CA44.09%
Boston-Cambridge-Quincy, MA-NH  Metro Area40.61%
It has a higher level of human capital (measured as share of adults with a BA and abovePctTalent
San Jose-Sunnyvale-Santa Clara, CA43.43%
Boston-Cambridge-Quincy, MA-NH  Metro Area40.56%
It has higher average incomesAvgInc06
San Jose-Sunnyvale-Santa Clara, CA$65,854.09
Boston-Cambridge-Quincy, MA-NH  Metro Area$60,494.32
It has a lot more high tech, about double.HTLQ
San Jose-Sunnyvale-Santa Clara, CA3.09
Boston-Cambridge-Quincy, MA-NH  Metro Area1.42
This also shows  up when we use the Milken Institute’s Tech-Tole metricTechPole
San Jose-Sunnyvale-Santa Clara, CA6.32
Boston-Cambridge-Quincy, MA-NH  Metro Area3.45
Patent Count
San Jose-Sunnyvale-Santa Clara, CA5799
Boston-Cambridge-Quincy, MA-NH  Metro Area2711
It generates way more patents per headPatents per10K
San Jose-Sunnyvale-Santa Clara, CA32.49
Boston-Cambridge-Quincy, MA-NH  Metro Area6.09

Source: Education and Tech Entrepreneurship

Wadhwa, Vivek, Freeman, Richard B. and Rissing, Ben, Education and Tech Entrepreneurship (May 1, 2008). Available at SSRN: http://ssrn.com/abstract=1127248

Source: America’s New Immigrant Entrepreneurs: Part I

Wadhwa, Vivek, Saxenian, AnnaLee, Rissing, Ben and Gereffi, Gary, America’s New Immigrant Entrepreneurs: Part I (January 4, 2007). Duke Science, Technology & Innovation Paper No. 23. Available at SSRN: http://ssrn.com/abstract=990152

Source: Empirical Reality blog

Source: Recession and Recovery: An Economic Reset, Bay Area Economic Profile, April 2010

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: PWC NVCA Moneytree report.


 

 

Source: CBN Insights

Massachusetts  is even lagging NY now according to CBN Insights: Massachusetts vs. New York venture capital

 

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