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![]() Tuesday, March 09, 2004 Economists at the University of California, Berkeley estimate that outsourcing could hit Silicon Valley hard. 1 in 6 jobs is at risk, according to their calculations. That compapres to 1 in 10 jobs nationally. According to one of the authors, "The good scenario is that innovation and dynamism keeps California one step ahead of the rest of the world, so the good jobs stay here and the more routine ones go overseas. ... But the bad scenario is that in the absence of innovation, you're going to have a situation where others catch up" and Silicon Valley loses its dominance. Read more and check out a graphic detailing the trends. The comments are based on a study released last November on the latest wave of outsouring. Download the study. This article is part of a series that appeared on Sunday in San Franciso. Read other stories in the series: Trying to cope when a job goes overseas Hot-button issue makes for lively debate along the campaign trail Looking Offshore Analysis: Economic arguments Looking Offshore: China Giving India competition VC firms push for outsourcing Straight from the mouth: Executives speak out Jobs that won't go overseas Factories, burgers and jobs Chalk offshoring up to economic progress posted by Ed Morrison | |
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