CEG News Release: Capital Region Gives Silicon Valley a Run for
Its Money in National Rankings
Published:
Friday, November 11, 2016 - 10:43
CEG News Release
Over the last 15 years, the number of semiconductor device manufacturing process patents whose first-named inventors are from the Albany-Troy-Schenectady metropolitan statistical area (MSA) has increased by 2,188 percent, from 8 in 2001 to 183 in 2015. Consequently, the ranking of the Albany-Troy-Schenectady MSA for this class of technology patent has shot from the No. 27 seat to No. 2, right behind the San Jose-Sunnyvale-Santa Clara MSA. Solidifying the Albany area’s standing as a global leader in technological innovation, it has pulled ahead of several much larger tech metro powerhouses, such as New York City, San Francisco, Dallas and Portland, Wash.
“These rankings illustrate how the Capital Region is no longer just a player in the semiconductor industry – we’re a leader,” said CEG President and CEO Andrew S. Kennedy. “This is the result of years of planning, of forging partnerships and of unwavering investment in our academic institutions from all levels of government and from businesses of all sizes. In an industry where technological advancement moves at an exponential pace, the public-private synergies centered around institutions such as RPI and SUNY Poly are helping semiconductor companies across the country and beyond stay ahead of the R&D curve and in front of the pack.”
