Hi Tech Industry Case Study

Question 1

What is high tech industry

Answer 1

Industry that focuses on research, development and production of products which often containing microchips

Question 2

What is silicon valley

Answer 2

Hi tech industry park that is the largest cluster of hi tech industries in USA

Question 3

Features

Answer 3

• Companies are: Apple, Hewlett-Packard, Mozilla foundation, Facebook, Adobe
• they produce: Hardware, Software, consumer electronics
• Supply links betw/ companies: Apple neeps microprocessors, which Intel corp. makes

Question 4

Inputs

Answer 4

• Lightweight electronic components
• Silicon chips
• Intellectual input
• Flat land
• Transport
• Capital
• Govt funding and support
• Highly skilled labour
• Feedback

Question 5

Processes

Answer 5

• R&D
• Automated computerised processes
• Using advanced technology to create products that may/may not be hi tech

Question 6

Output

Answer 6

• Computers
• Hard/Soft ware
• Security systems
• Consumer electronics
• Products with microchips
• Search engines
• Computer games
• Storage devices
  etc.

Question 7

Reasons: Physical

Answer 7

• Proximity to other companies, can lobby for benefits
• Near roads and airports –> easy transport
• Easier to recruit employees from single area
• Near San Fran –> large urban market

Question 8

Rea: Economic

Answer 8

• Near other companies –> close to supplier and can cut down transport costs
• Epicentre of substantial funding and it is easier to attract financers

Question 9

Educational

Answer 9

• Located near many universities for easy recruiting of employees.

Question 10

Political

Answer 10

• Can influence/ lobby for benefits

Question 11

Environmental

Answer 11

Attracts employees:

• Green parks and amenities
• Higher QOL
• Nearby mountains

Question 12

Developmental

Answer 12

• Possibly greenfield areas for expansion
• Proximity to suppliers, customers and research base gives it advantage
• People from all over the world attracted to Silicon Valley –> more diversity and different ideas
• Easier collab and sharing of ideas between companies for success