As the premier global center for technology and service innovation and a major center of higher education, the Bay Area powerfully shapes and is shaped by the global economy. The Institute continually investigates how the Bay Area serves as an important business and cultural hub by being globally connected through foreign direct investment, links to other technology regions, large numbers of foreign students at its universities, and a globally diverse population. The level of connection between the Bay Area and China is unique in its depth and breadth, and China’s technological capacity in the coming years will profoundly impact not only competition and market opportunities in China, but global competition as well. The Bay Area’s Economic ties to Europe date back to California’s Gold Rush, and Europe continues to be an essential partner in shaping the region’s economic future. Cross investment with Europe is larger than with any other global region.
International Economic Connections
Trade, Investment and Invention
Economic Ties between Japan and the San Francisco Bay Area date back 150 years, to when the first diplomatic mission from Japan to the United States arrived in San Francisco. Since then, both Japan and the Bay Area have developed into two of the world’s leading technology hubs. This briefing paper continues the Economic Institute’s series of reports on the region’s business and economic links with major global partners.