Recognized in the May 1, 1999 issue of
Forbes magazine as a place with "Sun, fun, and Ph.D.'s, too," the
San Diego region has emerged as a technology center of excellence
with an unparalleled quality of life. San Diego is rich with
world-class research institutions, and enjoys support from an
outstanding network of universities and community colleges that are
committed to meeting the work force development needs of the area's
booming biotech industry. State and local government is also
supportive of biotech development, with the city of San Diego
selling bonds to create incentives for biotech companies to build
new facilities.
The software and multimedia industry are
also helping to define San Diego as a top spot in the nation for
computer software, programming, systems integration and data
processing. Well-known titles such as Intuit's Turbo Tax, Disney's
Lion King and Aladdin Activity Centers are produced or designed
here. San Diego's software industry traces its history back to the
legacy of the region's defense sector. Pioneers include Science
Applications international Corporation (SAIC), which began as a
defense contractor in 1969 and reinvented itself to address new
markets. In addition to the success experienced by SAIC, former SAIC
employees created an estimated 95 companies -- including Intuit,
Bluebird Systems and the Titan Corporation. In total, San Diego
boasts nearly 650 software companies today, employing more than
14,000 people. While there are a number of large businesses, even
several Fortune 500 companies, San Diego is more typically a city
of small businesses that together represent a large segment of its
employment population. More than 97 percent o~ the county's
approximately 74,000 enterprises have less than 100 employees; 90
percent have 12 or fewer employees. Many consider the small business
community the largest source of San Diego's economic strength.
Without question, the region's smaller companies have literally
built San Diego from the ground up.
Many of these businesses began as part-time
ventures operated from dining room tables or garages -- including
some of what are now the largest companies in the region. They
started on shoestring budgets, with hope and vision as their main
resources, and run the gamut of industries from construction,
agriculture and manufacturing to high-tech, consulting and
telecommunications. The growth of small business in San Diego has
significantly outpaced California's growth rate over the past
decade. This is due, in part, to the wealth of venture capital
investors in the region, what some call the heart of the free
enterprise system. Clearly, private investors have played a
significant role in San Diego's high-tech, biocommerce and
information technology industries, especially in the preliminary
research and development phases.
Construction has neared an all-time high
and still needs more qualified workers. The service sector
companies providing services to other businesses, is the single
fastest growing industry in San Diego. Manufacturing and goods
producing continue to contribute to San Diego's economic foundation
and represents opportunities for the blue collar, engineering and
technical fields. Fed by hundreds of thousands of visitors and
residents alike, the retail, tourist and hospitality trades provide
seasonal, part-time and year-round jobs.
To learn more about San Diego's other main
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