Positive Outlook

Silicon Valley business and government leaders converge for annual CEO business climate summit.

Politicians are paying close attention to technology again—and for good reason. Business is growing again, but sustaining that growth will require work on all sides.

The Silicon Valley CEO Summit 2013 drew together political and business leaders of established companies and start-ups, focusing on issues that affect them both—education, immigration, affordable housing and infrastructure improvement.

Panelists included U.S. Dept. of Commerce Secretary Rebecca Blank, San Jose Mayor Chuck Reed, San Francisco Mayor Ed Lee and Lt. Governor Gavin Newsom, in addition to CEOs and leaders from various local companies.  

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(L – R: Moderator Scott Shafer of KQED,  Lt. Gov. Gavin Newsom, Ken McNeely,  AT&T CEO,  Assemblyman Brian Maienschein,  Chuck Boyton, CEO SunPower)

Lip-Bu Tan, CEO of Cadence, which hosted the event, zeroed in on the ongoing need to stress science and math education to fuel the next generation of innovators.  Tan said both his children have chosen careers in electrical engineering, an accomplishment that drew applause from the crowd.  Tan, both a CEO and a venture capitalist who himself invests in technology companies, pointed to himself as an example of what immigrants can do to build a stronger, more competitive United States.

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(Lip Bu Tan, Cadence CEO with Carl Guardino, SVLG President and CEO)

The event highlights the Silicon Valley Leadership Group’s (SVLG) annual business climate survey, which was made public today. (http://bit.ly/YdwrXe) Data from the past two years suggests that Silicon Valley remains cautiously optimistic about job and economic growth. Facing stiff competition from abroad and other regions, Silicon Valley continues to grow. Job growth in San Mateo and San Jose alone accounted for 20% of total California jobs.

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