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Reading the reasons for the rankings I can now officially say this "study" is a bunch of crap.
1. Most of these lists are
2. I am not saying that these are the reasons, just suggesting that these may have been factors asthey were the notes posted underneath the pivcture for the respective city
Just so people aren't getting the wrong idea, Virginia only has hilton as a major company in the hotel business. The vast Majority of the hotel industry is in Maryland, Montgomery County to be exact.
Marriott, Choice Hotels, Ritz Carlton, Host Hotels and numerous mid-cap companies that actually own the hotel properties are in Maryland.
There's another little known fact to those who think D.C. is all about the federal government... its actually epicenter of the global hotel industry.
Among other things, also a major airline HQ's there, a center for medical research and probably some of the most sophisticated tech research being done anywhere (include silicon valley), though lots is paid for by agencies like the Defense Dept, NIA, CIA etc, but through private industry doing extremely advanced things, some we dont even know about until many many years later.
Isn't all that a bit of a stretch, wouldn't it be more accurate to say New Jersey stakes claim (not as an epicenter but a major player)?
Even AstraZanca's US headquarters is actually in DE.
IMO Biotech/Pharma industries are sort of interchangeable to me. Pharma is dying off (harder to find new medicines) that's why all these big companies keeping swallowing the little biotechs before they can even grow to half their size. They are looking for new drugs through acquisitions.
Well just as an example on Tech the Bay area has like 12% of key jobs in the US, this region for Pharma is close to 65% - so yes I would say dominant and extremely dominant
And on Pharma dying, one small molecule is still the largest business and will be for a while. There is only one large Bio company left, Amgen, today basically run in the Pharma model. The next 9 largest Bio co's are traditional Pharma regardless of how they got there. Genetech is a marketing and reserch entity owned by Roche (It is basically Acura in the US, it doesn't exist ex-US), and suprisingly their next big launch is actually a small molecule Diabetes agent that has good secondary cardiovascular endpoints, guess what they are looking to Pharma to bridge the marketing and selling gap. Regardless of how they got there big Pharma own biotech today, and will continue to do so, they just adopted and used their might and commercialization to integrate the new technology, really that simple
The next big Bio player will be a generic company from Isreal named Teva, just good business, patent expirations for etanercept and rituximab make it viable to build the manufacturing and selling capacity as such.
Last edited by kidphilly; 08-21-2010 at 08:32 PM..
Chicago at #6? Man, why does Chicago always surprise me? First, the amazing world-class skyline, second its role as a top 10 financial center of the world, and now #6 on this list. Not bad for a city in the midwest that does not get as much media attention as it deserves.
Are you thinking of USAirways? You might have forgotten, but they moved to Tempe after the America West merger.
And damn I forgot, in there purely for the ATL folk that are airline/airport focused, the tech part was the far more important part of the post though, but yes forgot they moved it from NOVA - FWIW I hate US air, stuck with it here in Philly, though a little better these days
Chicago at #6? Man, why does Chicago always surprise me? First, the amazing world-class skyline, second its role as a top 10 financial center of the world, and now #6 on this list. Not bad for a city in the midwest that does not get as much media attention as it deserves.
It certainly doesn't hurt that instead of a Scottish University, there were two groups from Chicago that made up this list, the Chicago Council on World Affairs and the A.T. Kearney consulting firm.
It certainly doesn't hurt that instead of a Scottish University, there were two groups from Chicago that made up this list, the Chicago Council on World Affairs and the A.T. Kearney consulting firm.
Nah that would never have any influence
Having said, I do believe Chicago is one of the great cities not only in the US but the world and belongs in the conversation
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And damn I forgot, in there purely for the ATL folk that are airline/airport focused, the tech part was the far more important part of the post though, but yes forgot they moved it from NOVA - FWIW I hate US air, stuck with it here in Philly, though a little better these days
