What are the favorable conditions for the development of Silicon Valley in the United States? I hope to be more specific, thank you!

Silicon Valley as the U.S. information society, "the most perfect example", "the home of the world's microelectronics", is one of the most successful U.S. high-tech development zones. Silicon Valley not only opened up new industries, more importantly, opened up the development of high-tech industry model: venture capital, incubators, share options, science and technology parks. Silicon Valley is not only a typical representative of the second development of the western economy of the United States, but also other countries and regions of the world to carry out high-tech development of the object to emulate. One of the series of analysis of the Silicon Valley model: industrial development The Silicon Valley of the United States has formed a kind of high-tech industries and related services as the support of the industrial clusters, and it is a technologically diversified economy. The leading industries in the Silicon Valley are as follows: computer and communication hardware production; semiconductor and semiconductor equipment production; electronic component production; biomedical, including biopharmaceuticals, medical equipment and life science research and development; software, including software publishers and software services; creative and innovative services, including technical services and business services (e.g., human resources and legal affairs); integrated art, design and technology-related creative services (e.g., human resources and legal affairs); and creative services (e.g., human resources and legal affairs) related to the development of the Silicon Valley model. technology-related creative services (e.g., graphic design, advertising, marketing); and corporate offices, including headquarters, branch offices, and local offices. Silicon Valley Model Series Analysis No. 2: Corporate Vitality Gathering a number of globally recognized high-technology companies; at the same time, a large number of innovative small and medium-sized enterprises (SMEs) are also the mainstay of Silicon Valley's innovative activities. Silicon Valley has gathered a number of globally recognized high-tech companies, and a number of large local companies with strong innovation ability have emerged, even in some high-tech innovation fields in the world leader position. For example, Hewlett-Packard, Netscape, Intel, Apple, Sun Microsystems and other world-class companies. Silicon Valley Model Series Analysis No. 3: Technological Innovation The federal government's R&D investment in Silicon Valley has grown rapidly, and enterprises are still the main source of R&D investment in Silicon Valley. Federal government R&D funding to Silicon Valley's universities, laboratories, and private firms has supported the development of key Silicon Valley technologies and fostered technological innovation in the Silicon Valley region. Between 1993 and 2004, Silicon Valley received more than $13.6 billion in federal R&D funding. Silicon Valley firms are very R&D oriented, spending more than 10 percent of their sales revenue on R&D. From 1990 to 2003, Silicon Valley firms' R&D investment as a share of sales revenue averaged about 11 percent, compared with an average of 3 percent for U.S. firms over the same period. Silicon Valley model series of analysis of the fourth: human resources Silicon Valley's R & D staff accounted for more than 10% of the total number of employees in Silicon Valley, the U.S. average level of two times. In Silicon Valley, there have been *** more than 40 Nobel Prize winners. Local universities provide Silicon Valley with a large number of technical personnel support. Silicon Valley is home to 8 universities, 9 colleges of technology and 33 technical schools, including the world-renowned Stanford University, the University of California at Berkeley, Santa Clara University and the University of San Jose. Emphasizing the introduction of talents, it is the most concentrated area for overseas scientific and technological talents to gather and start businesses. The predominance of foreign talents is a distinguishing feature of Silicon Valley from other parts of the world. Silicon Valley is the most concentrated area for overseas scientific and technological talents to gather and start businesses. Among them, Chinese and Indian founded high-tech startups accounted for 23% of the total number of enterprises in Silicon Valley. Among the technicians in Silicon Valley, Asians account for 60%, and 33% of the high-tech talents are of overseas origin. Silicon Valley Model Series Analysis No. 5: Venture Capital Silicon Valley is the birthplace of venture capital, and venture capital has become the main driving force to promote the development of high-tech industries in Silicon Valley. The successful development of the Silicon Valley region has proved that venture capital is a favorable condition for the development of high-tech industries and new economy, and has also become a catalyst for high-tech business start-ups. The United States is the world's largest venture capital country, has accounted for more than half of the world's venture capital, and the Silicon Valley region absorbed 35% of the risk capital of the United States, the United States almost 50% of the venture capital funds are located in Silicon Valley, the current Silicon Valley venture capital companies have more than 200. Analysis of Silicon Valley Model Series No. 6: Intermediary Organizations Intermediary organizations play a key integrating role in Silicon Valley's industrial system, which promotes the integration of various innovation factors. The professional intermediary service system in Silicon Valley mainly includes human resource service organizations, technology transfer service organizations, accounting and tax organizations, legal service organizations, consulting service organizations, headhunting companies, and other service organizations such as property management companies and security companies. Analysis of Silicon Valley Model Series No. 7: Silicon Valley Culture The unique cultural model formed in Silicon Valley over the decades is the most profound and lasting factor of its success. Silicon Valley's unique cultural model formed over the decades is the most profound and lasting factor of its success, which is the typical embodiment of the traditional American national characteristics such as individualism, liberalism, innovative spirit, etc. and modern culture in the high-tech era. Silicon Valley innovation culture is reflected in its encouragement to try, allow failure, that is, allow failure (It's ok to fail) innovation. It is because of this spirit, people go to constantly try, Silicon Valley has given birth to many entrepreneurs, inventors and entrepreneurs. Analysis of Silicon Valley Model Series No. 8: Government Support Government procurement has played a great role in promoting the development of high-tech industries in Silicon Valley, especially the development of new industries. The U.S. government enacted the "Procurement of American Products Act", and the government has played a great role in supporting information products, especially original products. According to statistics, between 1955 and 1963, 35% to 40% of the turnover of the semiconductor industry in Silicon Valley came from government procurement. In addition, the government promotes Silicon Valley technology development through R&D investment and related policies. The government gives direct funding and all aspects of R&D that is basic and in line with the country's scientific development. In addition to the support of the national government, the support of state and local governments also plays a key role in the development of Silicon Valley. California, where Silicon Valley is located, is a "technology state" with clear science and technology policies, such as encouraging research and development within and outside the government, establishing the Office of Science and Technology (1973), encouraging the development of education, especially technical education, and setting up programs such as the "Four Cities Program" and other programs with local government agencies. The establishment of the Office of Science and Technology (1973), the encouragement of education, especially technical education, the establishment of mechanisms for linkage with local government agencies such as the "Four Cities Program", and direct monetary support. (Source: Great Wall Strategic Consulting)