International Economic Connections

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.

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Insights

Viewpoint: China’s Troubles Present a Moment for North America

April 18, 2023 U.S.-China tensions, supply chain vulnerabilities, reshoring, and other trends present a window of opportunity for North America. In this article in the SF Business Times, Sean Randolph, Senior Director of the Institute, …

Report

Seismic Shift

Synergies between the Bay Area and India’s robust innovation ecosystem suggest a wide range of opportunities for collaboration. Key thematic areas include defense, critical and emerging technologies (enabled by iCET), standards, state-level collaboration on climate and energy, cross-national support for startups, AI and digital development, skilled immigration, trade, and supply chain integration.
Report

China, Technology, and the New U.S. Industrial Policy

The outcome of the just-concluded Party Congress offers little reassurance that the Chinese and American economies won’t continue to diverge, and a continuing deterioration is the coming years is likely unless a new floor can be put under the relationship. The meeting of President Biden with China’s President Xi Jinping in Bali in November may have accomplished that, though careful management by both sides will be needed. Either way, the Bay Area’s economy will remain closely entwined with China’s even if the scope of that engagement continues to narrow
Report

Assessing Jordan’s Potential as a Middle East Business and ICT Base

A small economy by regional and global standards, Jordan benefits from several advantages as a business and ICT platform: a stable political environment, close ties with the United States, a highly educated workforce with a substantial pool of experienced engineers, government policies that prioritize education, active support for women in the workplace, and an entrepreneurial culture that generates a disproportionately large number of regional technology startups.
Report

Innovation Platform

From this high-level review, it appears that despite some attrition in corporate innovation offices the global innovation presence remains strong.
Tel Aviv Skyline
Report

Silicon Valley to Silicon Wadi

Unique economic ties link the Bay Area and California with Israel. This report discusses the roots of Israel’s innovation economy, California’s economic footprint in Israel, Israel’s economic presence in California, key technologies where that activity is focused, and possibilities for the future.
Report

Bay to Bay

The term “Greater Bay Area” is derived from the experience of the San Francisco Bay Area, a multijurisdictional region that is the world’s leading platform for technology and innovation; following that model, China’s Greater Bay Area plan also seeks to make the Southern China region surrounding the Pearl River Delta a global innovation hub.
Report

Southern Connection

As the Bay Area’s role as a global technology and innovation center has grown, the scope of its relationship with Mexico has expanded to include technology R&D and an active connection through startups. This presents opportunities to expand the relationship.
Report

The Bay Area-Silicon Valley and Australia

Given current geopolitical challenges around the world, the Indo-Pacific region will continue to grow in importance for the United States, and so, too, will its relationship with Australia. This report assesses Australia’s economic ties to the Bay Area and outlines areas where capabilities, resources, and close alignment will offer stronger opportunities for business and other collaboration in the future.
Insights

China Oversteps

August 26, 2020 China’s recent actions are fueling the fire for a further divide with the United States. With China’s leadership overstepping, other countries have taken notice and are beginning to push back .  This …

Report

Silicon Valley Bridges to Japan

This analysis builds on discussions at a February 20, 2020 conference at Stanford University, “Japan and the Bay Area: Developing Entrepreneurial Business Partnerships in the New Japan,” organized by the Bay Area Council Economic Institute and Stanford’s US-Asia Technology Management Center.
Insights

A Joint Declaration on the Importance of Collaboration, Open Trade, and Innovation in Tackling COVID-19

The Global Trade and Innovation Policy Alliance (GTIPA), a body of leading trade, economic and innovation think tanks around the world that work together to support growth through innovation and open market policies issued a …

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