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White iPhone on desk August 14, 2017 - Joint Venture’s Silicon Valley Institute for Regional Studies is piloting a new mobile engagement campaign to put Silicon Valley data right in the palm of your hand. All you have to do is text jointventure to 33933 on your mobile device to receive 1 to 2 short snippet videos each week by SMS. There’s no cost to participate, we won’t share your phone number with anyone, and you can unsubscribe at any time.

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Meet Edesa Bitbadal, City of Milpitas

Edesa speaking Economic Development, City of Milpitas, and Chair, Silicon Valley EDA

Milpitas may not be the first city that comes to mind as a hotbed of Silicon Valley for its growth in innovation, housing, shopping, recreation and entertainment, but Edesa Bitbadal is betting that it will be soon.

Bitbadal, the city’s Economic Development Director and the outgoing Chair of Joint Venture’s Silicon Valley Economic Development Alliance, certainly has Milpitas first on her list.

Read Edesa’s profile.

Peninsula economy update: Job growth slows, housing crisis continues

maroon and white report coverJuly 17, 2017 – Peninsula job growth has slowed over the past year, yet the housing shortage became worse, with prices and rents rising faster than wages, according to a Joint Venture Silicon Valley Institute for Regional Studies report on the Peninsula economy at midyear.

The data, however, also shows a remarkable surge in Silicon Valley, the Bay Area and the state economy between 2012 and 2016, and there are continuing signs of new hiring, additional housing and transportation improvements.

Read the news release | Download the report

Silicon Valley Indicators

indicators home page Did you know you can get comprehensive information and data about the economic and community health of Silicon Valley any time by visiting the online home of the Silicon Valley Index at

The site is maintained and constantly updated by Joint Venture's Silicon Valley Institute for Regional Studies and is a robust collection of charts and information with links to local, regional and national data sources, and resources for additional information within each of the indicator categories: People, Economy, Society, Place and Governance.

Download the 2017 Silicon Valley Index.

Investors Council Spotlight

Joint Venture's Investors Council welcomes dozens of public and private organizations and foundations supporting our initiatives and programs. Here are just a few of our many investors:

SJC Airport logo city of Monte Sereno logo San Jose Sharks logo

Joint Venture offers a variety of support and sponsorship opportunities for individuals, corporations, and public sector organizations. To inquire about becoming a member of our Investors Council, call (408) 298-9330 or visit our Become an Investor page. To see our current investors, visit our investors pages.

What is Joint Venture Silicon Valley?

Established in 1993, Joint Venture brings together Silicon Valley’s established and emerging leaders—from business, government, academia, labor and the broader community—to spotlight issues and work toward innovative solutions. In this short video see what Silicon Valley leaders have to say about the organization.

David Witkowski headshotFebruary 7, 2017 – Joint Venture Silicon Valley today announced it has joined the Global City Teams Challenge (GCTC) leadership team, as part of the Public Wi-Fi SuperCluster.

The goal of the SuperCluster is to establish sustainable models for collaboration, foster innovation and demonstrate the measurable benefits of using Internet Of Things technology in smart city projects.

David Witkowski, Executive Director of Joint Venture’s newly-formed Smart Region Initiative, will have an active role on the GCTC Public Wi-Fi SuperCluster leadership team.

“NIST, in partnership with NTIA and US Ignite, has been instrumental in driving and promoting efforts to unite smart city stakeholders and create communities for applying technologies in ways that solve real-world problems,” said Witkowski.

“In many ways, these SuperClusters are using at the national level the same model Joint Venture’s been using regionally during the past two decades. Several members of our Wireless Communications Initiative are actively involved with the US Ignite efforts.”

The 2017 GCTC Public Wi-Fi SuperCluster project aims to develop blueprints and implementation plans, convene workshops among interested parties and stakeholders, plan and oversee multi-city deployments consistent with the blueprints and implementation plans, and report results in the latter half of 2017.

Public sector and private sector companies interested to participate in the GCTC Public Wi-Fi SuperCluster should contact Joint Venture Silicon Valley at (408) 298-9333.

About Joint Venture Silicon Valley
Joint Venture Silicon Valley was established in 1993. A nonprofit organization, the group convenes the region’s leaders across every major sector – government, business, academia, labor, and community organizations. The organization provides data and analysis on our region’s challenges, and leads initiatives to address those challenges. Joint Venture is funded by cities and counties, local companies, colleges and universities, labor and workforce institutions and foundations. For more information, visit

In The News

August 15, 2017 - (The Enterprisers Project) - Why CIOs Should Make Time for Silicon Valley Trips: "A recent report from the Institute for Regional Studies found that 74 percent of Silicon Valley-employed computer and mathematical workers ages 25-44 were born outside the United States. More

August 2, 2017 - (Mondaq) - California Economy Booming: Joint Venture Silicon Valley President and CEO Russ Hancock provided input for the (SPUR) article. More.

July 27, 2017 - (San Francisco Chronicle) - Facebook Cafeteria Workers Living in Garage with 3 Kids: What it Says About Silicon Valley Living: According to the 2016 Joint Venture Silicon Valley Institute report, in 2015 Silicon Valley created more than 64,000 jobs but only 5,000 housing units. More.

July 22, 2017 - (Palo Alto Online) - Peninsula Economy Labor Growth Stalled:  "...job growth has slowed and growth in the labor force has stopped, according to a July update by the Silicon Valley Institute for Regional Studies." More

July 21, 2017 - (Sfist) - Apartment Sadness: Outer Richmond Carpeted Gem, $2800/Mo: "...the Silicon Valley Institute for Regional Studies, (reports) that while wages have risen 2.8 percent a year on average in Santa Clara, San Mateo, and San Francisco Counties, rental housing prices have gone up an average of 9 percent a year in the same period from 2011 to 2016. More.

July 20, 2017 - (Sacramento Bee) - If Silicon Valley is the Knowledge Work Capital of the World, Why Does it Have So Many Lousy Jobs?: "At the top of the economy, according to theSilicon Valley Institute for Regional Studies, are some 335,000 people in highly skilled occupations..." More

July 18, 2017 - (NBC Bay Area) - Silicon Valley Wages Can't Keep Up With Housing Prices: "Numbers crunched by the Silicon Valley Institute for Regional Studies found that the median apartment rent price in Silicon Valley rose 45.2 percent between 2011 and 2016." More

July 17, 2017 - (San Jose Mercury News) - Bay Area Rent Increases Leave Wage Gains in the Dust: "Over the same stretch, the cost of rental housing has jumped by an average of roughly 9 percent annually, the report by the Silicon Valley Institute stated." More

July 17, 2017 - (The Daily Good) - Google Says it Doesn't Have a Gender Pay Gap: "A 2015 report by Joint Venture Silicon Valley (PDF) found that 'men in Silicon Valley earn up to 61% more than their female peers.'” More

June 22, 2017 - (Morgan Hill Times) - Our Town: Let Innovation Grow: "...the organizers brought in one of those people that makes a living recognizing innovation and trends, and has mountains of statistics to prove we lead the world in innovation: Russell Hancock." More

June 9, 2017 - (Morgan Hill Times) - Entrepreneurs Win Big at Morgan Hill Disrupt Forum: "Reed Hastings, co-founder of Netflix, is a 'perfect example' of someone who is “disrupting the business model,' explained Joint Venture Silicon Valley President Russell Hancock." More

June 1, 2017 - (KPIX-5) - Watch Silicon Valley's Latest Vision for Personal Flying Vehicles: "It's a sign that the 'future is here,' Russell Hancock, president and CEO of Joint Venture Silicon Valley, told CBS San Francisco. Video.

May 31, 2017 - (Silicon Valley Business Journal) - Yes, Silicon Valley Sides with Democrats. But Does That Make It 'Extremely Liberal'?: "What is new is a study done by Joint Venture Silicon Valley and GrassrootsLab that looks at the political makeup of local elected officials." More.