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2013 News Archive

December 29, 2013 - (KGO Radio) - Over 300,000 People Moved to California This Year: "As far as Santa Clara County goes, Russell Hancock, President & CEO of Joint Venture Silicon Valley, says it's mostly foreigners that are coming to California, not Americans from other states. More.

December 3, 2013 - (PublicCEO.com) - Silicon Valley is No Model for America: "As Russell Hancock, president of Joint Venture Silicon Valley, recently acknowledged, 'Silicon Valley is two valleys. There is a valley of haves, and a valley of have-nots.'"

November 24, 2013 - (Upstart Business Journal) - Google Backs Latino-focused Accelerator Manos: "According to the Index of Silicon Valley by Joint Venture and the Silicon Valley Community Foundation, the Hispanic population in Silicon Valley experienced a five percent decrease in per capita income between 2009 and 2011." More.

November 20, 2013 - (NBC Bay Area) - San Jose Patent Office to Open in City Hall: "The Commerce Department says San Jose will get its own patent office. Scott McGrew speaks to Russell Hancock of Joint Venture Silicon Valley. Video.

October 20, 2013 - (Examiner.com) - EV Drivers are Playing a Role in Demand-response in Electric Usage: "Joint Venture Silicon Valley Smart Energy Enterprise initiative (SEEDZ) partners with local stakeholders and corporate customers to learn and derive best practices for designing and implementing such a complex project. More.

October 18, 2013 - (San Francisco Chronicle) - Can Silicon Valley Innovation Save the U.S.?: "Luckily, in a dramatic shift westward, Silicon Valley, our most prosperous and innovative region, is trying to fill some of the void...Sources: Silicon Valley Institute for Regional Studies/Joint Venture Silicon Valley." More.

September 30, 2013 - (East Palo Alto Today) - Where Is Our Economy Headed? "The latest findings indicate that Silicon Valley is out of the recession and our economy is rebounding.  On this show, Russell Hancock, the president and CEO of Joint Venture Silicon Valley, discusses these findings as well as some of the challenges that lie behind the positive statistics. Video.

September 27, 2013 - (San Carlos Patch) - El Camino Real Advocates Awarded for Improving Peninsula's Main Street: :The Grand Boulevard Initiative (GBI) is recognizing more than a dozen projects and plans that set the stage for improvements to the El Camino Real corridor. More.

September 23, 2013 - (Newark Patch) - County Partnership Creating Jobs: "Alameda County is working with Joint Venture Silicon Valley and the Contra Costa Economic Partnership to bring renewable energy to communities." More.

September 1, 2013 - (Examiner.com) - Electric Vehicles are Gradually and Surely Gaining Demand: "The (SEEDZ) initiative aims to build the ‘smart energy’ network of the future by demonstrating and delivering leading power performance and sustainability benefits on a commercially based, community-wide scale. More.

August 30, 2013 - (San Mateo Daily Journal) - Reporter's Notebook: "SamTrans and the city of Millbrae are providing pedestrians with a safe, new crossing on El Camino Real to reach the Caltrain/BART Station. (Both are) members of the Grand Boulevard Initiative, which seeks to transform El Camino Real into a pedestrian-friendly boulevard with mixed-use residential and commercial development." More.

August 30, 2013 - (San Jose Mercury News) - Recent Spate of IPO Filings May Just be the Beginning: "IPOs create a lot of wealthy people. Wealthy people start spending a lot of money," said Russ Hancock, CEO of Joint Venture Silicon Valley, which studies the valley's economy. More.

August 26, 2013 - (Bloomberg) - New York Tech Startups Look to Broadway for a Creative Edge on Silicon Valley: On the other side of the country, Russell Hancock is skeptical about how a failed actress is going to help build a business. He's the CEO of Joint Venture Silicon Valley, a think tank, and he's also a concert pianist who has performed with orchestras on national tours. More.

August 21, 2013 - (Metro) - Bill Sherry Readies the San Jose Metro Center: "'That leaves San Jose in position to emerge as a leader in the region,' agrees Russell Hancock, CEO of Silicon Valley Joint Venture, whose board of directors includes Sherry." More.

August 14, 2013 - (Los Angeles Times) - San Francisco Split by Silicon Valley's Wealth: "The gap between Silicon Valley's high and low earners is widening, with average per-capita incomes going up while median household incomes have fallen for the third consecutive year, according to Joint Venture Silicon Valley, a private group that publishes an annual report card on the region." More.

July 31, 2013 - (Palo Alto Weekly) - Palo Alto Takes Aim at Narrow Sidewalks: "A coalition of cities and counties from all along the the El Camino corridor have spent years working on the "Grand Boulevard Initiative," which aims to revitalize this critical thoroughfare between Daly City and San Jose." More.

July 31, 2013 - (Silicon Valley Business Journal) - Renters Beware: Average Silicon Valley 1BR Apartment Passes $2050 a month: "Meanwhile, median income in Silicon Valley hit an 11-year low during 2011, falling to $84,724, according to a report released earlier this year by local economic think tank Joint Venture Silicon Valley." More.

July 16, 2013 - (Peninsula Press) - Squeezed by the Foreclosure Crisis and Booming Silicon Valley Real Estate, East Palo Alto Confronts Gentrification: "...Joint Venture Silicon Valley found a widening gap in per capita income between high-earning Asians and non-Hispanic whites and low-earning African-Americans and Latinos." More.

June 25, 2013 - (Silicon Valley Business Journal) - From Harv's Car Wash to housing: New Sares Regis project eyed for Mountain View: “In addition to respecting the evolving vision for El Camino Real outlined in the Grand Boulevard Initiative, the new residences would be located across the street from McKelvey Park, and within walking distance of Eagle Park.” More.

June 25, 2013 - (NPR) - Closing the Tech Industry's Gender Gap Requires Better Data: "These numbers are from the published by Joint Venture Silicon Valley and The Silicon Valley Community Foundation." More.

June 8, 2013 - (IEDC) - Joint Venture CEO Russell Hancock addressed the International Economic Development Council's Ann Arbor SPARK Conference. Listen to the audio here.

June 5, 2013 - (San Jose Mercury News) - Op-ed by Dr. Ted Tasch - Health care revolution: Network upgrades needed to take full advantage of advances in wireless medicine: "My work as co-chair of the Wireless Communications Initiative at Joint Venture Silicon Valley has reinforced my belief that carriers and cities need to collaborate." More.

May 20, 2013 - (Peninsula Transportation Alternatives) - San Mateo County City Engineers Are Not Ready to Take El Camino Back From Caltrans: "A proposal to study what it would take for Caltrans to relinquish control over El Camino was triggered by the Grand Boulevard Initiative..." More.

May 2, 2013 - (New York Times) - Airport Exposes Class Divisions in Silicon Valley: “We’re getting more high earners, and they’re skewing the averages completely off,” said Russell Hancock, chief executive of Joint Venture. More.

April 19, 2013 - (Fortune) - Young America: Victims of Irrational Optimism: "It's little wonder, since Joint Venture Silicon Valley and Silicon Valley Community Foundation reports that angel investments jumped 90% in 2012." More.

April 15, 2013 - (Examiner.com) - Energy Storage Plays a Key Part in California's Clean Energy Future: Nick Chaset, CA Governor's Special Advisor for DG, CHP and ES, talked at the 2013 Energy Storage Symposium ... organized by Joint Venture Silicon Valley and was held at Microsoft in Mountain View last week. More.

April 14, 2013 - (Examiner.com) - Unearthing Energy Storage Solutions: Organized by Joint Venture Silicon Valley, speakers included Assistant Secretary Patricia Hoffman of the U.S. Department of Energy's Office of Electricity Delivery and Energy Reliability, Commissioner Jon Wellinghoff of the Federal Energy Regulation Commission (FERC) and Nick Chaset the CA Governor's Special Adviser for DG, CHP and ES. More.

April 12, 2013 - (The Raw Story) - Moyers: 'Narcissistic' Government has Created 'United State of Inequality': Russell Hancock, president and CEO of Joint Venture Silicon Valley, points out, “Our economic expansion is pretty staggering, people have referred to it as the longest, most sustained, largest, legal wealth creation in the history of the planet. More.

April 11, 2013 - (Palo Alto Weekly) - Palo Alto Councilmembers Want Wider Sidewalks: The memo argues that the new developments along El Camino Real and Alma "address the street in ways that are inconsistent with the intent and vision of the El Camino Real Design Guidelines and the Grand Boulevard Plan." More.

April 5, 2013 - (Moyers & Company) - Homeless in High Tech's Shadow: We talk to Cindy Chavez of Working Partnerships USA; Russell Hancock of Joint Venture Silicon Valley; Martha Mendoza, an AP writer whose recent piece about poverty in Silicon Valley brought this story to our attention. Video.

March 25, 2013 - (San Jose Inside) - Board of Supervisors to Discuss Funding Nonprofits, Lowering Tax Threshold: Joint Venture Silicon Valley projects a similar downward trajectory. More.

March 20, 2013 - (Peninsula Press) - Despite Critics, Palo Alto Mayor Presses on with High-Speed Internet Expansion: According to a 2013 report by Joint Venture Silicon Valley ... total patent registrations in the region were up this year, and over 200,000 people were employed in Science and Engineering industries. More.

March 18, 2013 - (ABC7 News) - Mineta San Jose Airport Reaches Out to Passengers: And right now we have this phenomenon of these business customers bypassing their own airport and going all the way to San Francisco." said Joint Venture Silicon Valley CEO Russell Hancock. More.

March 12, 2013 - (California Economy Reporting) - Silicon Valley Says Bring on the Smart Energy: Joint Venture Silicon Valley saw this as an opportunity to demonstrate how "smart energy" could be done right. More.

March 10, 2013 - (Associated Press) - Many Left Behind as Silicon Valley Rebounds: ...average income for Hispanics, who make up one in four Silicon Valley residents, fell to a new low of about $19,000 a year... according to the annual Silicon Valley Index released by Joint Venture Silicon Valley. More.

March 4, 2013 - (Peninsula Press) - Santa Cruz: We're More Silicon Valley than Surfing: And while it’s become “the world’s best brand name,” according to Russell Hancock, president of the civic group Joint Venture Silicon Valley, the lack of geographic boundaries means it can be hard to define. More.

February 17, 2013 - (San Jose Mercury News) - Mike Cassidy: San Jose Needs to Harness its Innovation Spirit to Level the Playing Field for Blacks and Hispanics: Amid the soaring optimism of the latest regional score card from Joint Venture Silicon Valley and the Silicon Valley Community Foundation was one incredibly depressing fact. More.

February 14, 2013 - (Fox News Latino) - Latinos Aim for Success in Thriving Silicon Valley: Dr. Russell Hancock, CEO of the Joint Venture Silicon Valley, which compiles the Silicon Valley Index each year, told Fox News Latino that the latest data shows the “glaring” education gap in the community is becoming more pronounced. More.

February 14, 2013 - (San Jose Mercury News) - Op-ed by Joint Venture board member Daniel Yost:  Use California cap-and-trade funds for Green Prize to reward climate-change innovation. More.

February 13, 2013 - (ABC7 News) - California Could Be Poster Child for Job Creation: "Companies will say, 'Well, we're out of here. We'll head for the hills. We'll develop somewhere else.' That's certainly a possibility. It doesn't make sense though. We have fixed assets there, major investments," Joint Venture Silicon Valley Network CEO Russell Hancock said. Video.

February 13, 2013 - (Examiner.com) - Silicon Valley is Moving North: “One of the biggest stories is the stunning emergence of our city to the north,” said Russell Hancock, Joint Venture’s president and CEO. More.

February 12, 2013 - (New York Times) Silicon Valley and Immigrant Groups Find Common Cause: Employment in San Francisco and its southern suburbs grew about 3.6 percent in 2012, twice the growth rate nationally, according to a study released last week by Joint Venture Silicon Valley, a nonpartisan research organization. More.

February 11, 2013 - (ABC News/Univision) - Why Some Minorities Lag Behind in Silicon Valley: "A large and growing education deficit keeps too many residents from sharing in the new prosperity," wrote Joint Venture Silicon Valley President and Chief Executive Officer Dr. Russell Hancock in the report's introduction. More.

February 11, 2013 - (Cupertino Patch) - State of the Valley 2013: How Does Technology Help Your Community Grow?:

February 9, 2013 - (Peninsula Press) - Influx of Foreign Talent May Give U.S. an Edge, Fallows Says: Fallows, a well-travelled writer for The Atlantic Monthly, was a keynote speaker at the Joint Venture Silicon Valley Network’s “State of the Valley” Conference 2013. More.

February 9, 2013 - (Fremont Patch) - Bay Area Leaders Coalesce at State of the Valley Conference: The 2013 State of the Valley Conference in San Jose was a veritable who's who of Bay Area leaders who are rethinking the tools that Silicon Valley residents have at their fingertips. More.

February 8, 2013 - (Silicon Valley Business Journal) - Susan Wojcicki, Kara Swisher and Kim Polese on Apple, HP and Facebook Fatigue: I popped over to the Joint Venture Silicon Valley State of the Valley event this morning, specifically to catch a panel discussion called “Technology Trends, Creative Disruption, and the Future of Innovation.” More.

February 8, 2013 - (Silicon Beat) - Tech Women Susan Wojcicki, of Google, Kim Polese, of ClearStreet, and Kara Swisher, of All Things D, Rock Joint Venture Silicon Valley Conference: The world did not topple off its axis and no one’s head exploded, but there it was: An all-women technology panel in the heart of Silicon Valley. More.

February 8, 2013 - (Peninsula Press) - large Number of Bay Area Cities Undermines Regional Efficiency, Local Officials Say: Speaking at a panel discussion ... at the 2013 State of Valley Conference in San Jose, Garvey emphasized that greater collaboration between municipalities will be essential for addressing the region’s transportation crisis and other looming threats, such as rising sea levels. More.

February 8, 2013 - (Peninsula Press) - Valley's Top Tech Women Say We Haven't Reached the Potential of Mobile Technology: Mobile is the trend to watch – according to a panel of technology experts at Friday’s Joint Venture Silicon Valley’s State of the Valley Conference. More.

February 8, 2013 - (Peninsula Press) - Bay Area Should Model Itself After City-States Hong Kong and Singapore, Futurist Says: “The new order is not about shifting boundaries, it’s about dissolving boundaries,” (Paul Saffo) said in his keynote speech at the 2013 State of the Valley. More.

February 8, 2013 - (Associated Press) - Bay Area Leaders Consider Merging Region: Leaders attending the State of the Valley conference Friday noted that Bay Area residents, businesses and local governments face the same challenges, from gridlock and earthquakes to steep housing prices and climate change. More.

February 7, 2013 - (Business Insider) - The Dot Com Boom is Back in Silicon Valley: "Some might even say the job growth is cause for euphoria," Joint Venture Silicon Valley President Russell Hancock said in the report. More.

February 6, 2013 - (Mountain View Patch) - Preview: State of the Valley 2013: The annual conference presented by Joint Venture Silicon Valley shares its assessment of the political, social and economic conditions of the area this Friday, Feb, 8th. More.

February 5, 2013 - (Palo Alto Online) - Valley Job Growth Biggest Since Dot Com Boom: "Silicon Valley is the first to emerge from the recession nationally, and we're leading some pretty prodigious growth for the nation," said Joint Venture CEO Russell Hancock in the group's 16th annual index. More.

February 5, 2013 - (San Francisco Chronicle) - Strong Growth Propels Silicon Valley from Recession but Many Still Struggling: “Silicon Valley has pulled off a remarkable recovery from the recession,” said Russell Hancock, President and CEO of Joint Venture. “Our continuing resilience is impressive. Still, the rebound hasn’t been a cure-all for everyone." More.

February 5, 2013 - (ABC7 News) - SF Steals Some of Silicon Valley's Job Creation Thunder: "Economics is always more powerful than politics. The economic forces are unifying forces for our region. The political forces may be dividing forces, but they will be overwhelmed by the economics, so I'm actually hopeful," said Hancock. Video.

February 5, 2013 - (Silicon Valley Business Journal) - 5 Things to Know About the Silicon Valley Economy: Regional economic think tank Joint Venture Silicon Valley today released its annual overview of the Silicon Valley economy in partnership with the Silicon Valley Community Foundation. More.

February 5, 2013 - (KCBS Radio) - Jobs, Income, IPOs up in Silicon Valley; not for Blacks, Hispanics: Joint Venture President Russell Hancock says while Silicon Valley’s resilience is impressive, the rebound hasn’t been a cure-all for everyone. More.

February 5, 2013 - (San Jose Mercury News) - Silicon Valley Job Growth is 'Prodigious' and Has Returned to Dot Com Levels: Those are among the findings released on Tuesday from the 2013 Silicon Valley Index, a closely watched annual study produced by San Jose-based Joint Venture Silicon Valley and Mountain View-based Silicon Valley Community Foundation. More.

February 5, 2013 - (Associated Press) - Jobs, Income and IPOs Up in Silicon Valley: Hancock said with 92,000 new jobs in a year, the region is "back to what we haven't seen since the dot com. It's about to get crazy," he said. More.

February 1, 2013 - (Silicon Valley Business Journal) - On the Tail of a Clean Energy Pact, Russ Hancock Readies for Showtime: Hancock, who has served as president and CEO of Joint Venture Silicon Valley since 2003, navigates multiple worlds: Commerce, academia, public policy, nonprofits and labor. More.

February 1, 2013 - (Silicon Valley Business Journal) - Reports of the Campuses' Death Exaggerated: Russell Hancock, the president and CEO of Joint Venture Silicon Valley, a regional think tank, has a prescription, and it isn’t new or revolutionary: going vertical. More.

February 1, 2013 - (San Jose Mercury News) - Mike Cassidy: Silicon Valley Won't Remain the Country's Patent Leader Without Sensible Immigration and Education Action: "The future is in innovation," say Russell Hancock, CEO of Joint Venture Silicon Valley, which has tracked regional patent activity for years. "And this is, I think, one of the best measures of innovation. It's as simple as that." More.

January 18, 2013 - (Greentech Media) - A Smart Energy Zone Grows in Silicon Valley: This week, nonprofit group Joint Venture Silicon Valley and a group of heavies including the Electric Power Research Institute (EPRI), Google, Applied Materials, NetApp, Juniper Networks and Pacific Gas & Electric announced their answer to that question. More.

January 18, 2013 - (San Jose Mercury News) - Sal Pizarro: McKinsey & Co.'s Lenny Mendonca to be honored by Joint Venture Silicon Valley: Former Assemblyman Ted Lempert, who will present the award, called Mendonca an "exemplary business leader who consistently gives back to his region, state and country." More.

January 17, 2013 - (Smart Grid News) - Silicon Valley: We Can Do Smart Grid Better Than You: Think tank Joint Venture Silicon Valley president Russell Hancock said the project is important because energy needs are likely to continue growing for tech companies. More.

January 16, 2013 - (Silicon Valley Business Journal) - Google, Yahoo to Get Their Own Smart Grid with Help of Valley Think Tank: Regional development think tank Joint Venture Silicon Valley ... is now launching a public-private partnership with Google, Yahoo, Intuit and Juniper Networks, among others, to develop a smart energy grid centered around Moffett Field. More.

January 10, 2013 - (Half Moon Bay Review) - Coastsider Mendonca Honored in Silicon Valley: “Lenny Mendonca personifies the ideals exemplified in the Packard Award,” said Chris DiGiorgio, co-chair of the Joint Venture board of directors. More.

January 8, 2013 - (The Awl) - Is San Francisco the Brooklyn to Silicon Valley's Unbuilt Manhattan?: El Camino Real is already the focus of various plans to connect Silicon Valley and San Francisco, from Caltrain's own future scenarios to the Grand Boulevard Initiative... More.

January 8, 2013 - (San Jose Mercury News) - Sal Pizarro: Hancock is CEO of Joint Venture Silicon Valley, so he's got another big event coming up with the State of the Valley conference on Feb. 8 in downtown San Jose. You can check out his musical side at www.saintmichaeltrio.com and get the details on the State of the Valley at www.jointventure.org. More.

 

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Joint Venture's initiatives, publications, events and regional expertise receive frequent coverage in the national and local news media. Our staff is always available to comment on economic trends in Silicon Valley.

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