LED giant CREE executives interpret: who hatch the U.S. new economy

High performance LED

High tech enterprises as the fulcrum of the U.S. new economy created by the wealth effect, has been the world's attention. The rapid rise of the "Silicon Valley", Boston 128 highway, North Triangle Park as the representative of the high-tech park, gradually become the "real economy" and "virtual economy" intersection. If we say that the huge profits of high-tech and high-tech enterprises is the trigger of the depth adjustment of economic structure, then what is the key to the development of high-tech enterprises?

As a famous American businessmen, CREE vice president of strategy and business development James recently in Shanghai to participate in "during the China LED Lighting Forum" science and Technology Daily reporter, he takes us executives perspective on the development of high-tech enterprises and understanding.

Talent gathering to cultivate innovative soil

California, Silicon Valley, Massachusetts, "Boston 128 highway" as the representative of the high-tech industrial areas, has been regarded as the development of the semiconductor and electronics industry. "I have and the industry to explore, and now many people think that California has the development advantage is incomparable". As a Research Triangle Park in North Carolina, high-tech enterprise executives, when talking about the U.S. science and Technology Park James commented.

California has a history of 50 to 60 years of economic development. Now Californians are becoming richer and richer, and there have been plenty of venture capital". James said, more importantly, Californians are very willing to put money on the market for venture capital".

In fact, in the "Silicon Valley" and so on, high return on investment in high tech enterprises generated by the rate, once in a long time, the prosperity of the American stock market, especially in the last century in 90s, to stimulate an important role in American economic growth. In James view, Silicon Valley has been to maintain the development advantage, mainly due to the high concentration of talent in California. "In California, two of the world's leading universities are University of California at Berkeley and Stanford University, the two university transportation every year a lot of talents, especially in nuclear physics, laser technology, semiconductor and closely related to the high-end industry". James said, talent, capital advantage is unique in California".

It is not difficult to find that there are a large number of talents, university research, national military orders and venture capital is very active, which is the rapid rise of the important similarities in the u.s.. In these functional areas, beginning with Standford, Berkeley and other world famous California Polytechnic University to rely on high technology, micro company, after several years of development, many have grown into the world's top 500 enterprises. For example, from the "Silicon Valley" out of CISCO, Intel, HP, apple, Google, etc..

We can see that in the last century in 90s, these famous universities in the world, rooting, to science and Technology Park, germination, and then to the capital market, the growth of high-tech enterprises, has become an active engine of the U.S. economy. CREE as an American high-tech enterprises, the company's chairman and chief executive officer chuck Swoboda told reporters, LED lighting is the future direction of development of energy-saving lighting industry, the University contains a constant driving force for the development of emerging industries. We are very willing to promote the enterprise LED semiconductor lighting projects and University cooperation".

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