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==== Technology sector ==== A significant number of Chinese Americans, who possess the required specialized expertise and qualifications in engineering and highly-technical domains, have gravitated towards [[Silicon Valley]], the prominent hub of high-technology in the United States in search of job prospects or to establish their own high-technology start-up business ventures. Many up-and-coming foreign-born Chinese and Chinese-American technology entrepreneurs endeavor to leverage their technical skillsets by initiating the new promising high-technology startups of tomorrow. Such ambitiously aspirant technology entrepreneurs benefit from the fulsome availability of venture capital, profound business acumen, and enticing financial incentives prevalent in the region, all strategically aimed and specifically tailored at fostering and nurturing technological innovation. Ethnic Chinese have been successful in starting new firms in technology centers across the United States. Chinese Americans have enjoyed a vast disproportion of entrepreneurial and investment success in various U.S.-based high-technology centers and sectors, as evidenced by the 2010 [[Goldsea]] 100 Compilation of America's Most Successful Asian Entrepreneurs.<ref>{{cite web | url=http://goldsea.com/Profiles/100/100.html | title=100 Most Successful Asian American Entrepreneurs | access-date=28 December 2011 | archive-date=24 November 2010 | archive-url=https://web.archive.org/web/20101124044834/http://goldsea.com/Profiles/100/100.html | url-status=live }}</ref> Chinese Americans accounted for 4% of people listed in the 1998 Forbes Hi Tech 100 List.<ref name="Awards" /> Annalee Saxenian, a UC Berkeley professor, whose scholarly research interests include the contribution of Chinese immigrants on America's high-technology realm carried out a study that showed that since 1998, one out of five high-tech start-ups in [[Silicon Valley]] were led by a Chinese American. During the same year, 5 of the 8 fastest growing high-technology companies in Silicon Valley had a leading upper-level management executive who was of Chinese ancestry, except for [[Yahoo]], whose [[Jerry Yang]] was a founder and owner, but was not serving in an executive leadership position. In Silicon Valley, several Chinese American community organizations, numbering from two to three dozen, actively strive to look out for and are committed to safeguarding the professional interests and well-being of the Chinese American community. These organizations boast membership counts with at least 100 individual members, with one particularly influential group being the [[Committee of 100 (United States)|Committee of 100]].<ref>{{cite web | url=http://www.modelminority.com/joomla/index.php?option=com_content&view=article&id=227:chinese-american-contributions-to-silicon-valley-&catid=47:society&Itemid=56 | title=Chinese American Contributions to Silicon Valley | access-date=10 March 2012 | archive-url=https://web.archive.org/web/20130916155237/http://www.modelminority.com/joomla/index.php?option=com_content&view=article&id=227:chinese-american-contributions-to-silicon-valley-&catid=47:society&Itemid=56 | archive-date=16 September 2013 | url-status=dead}}</ref> Immigrants from mainland China and Taiwan were key founders in 12.8% of all Silicon Valley start-ups between 1995 and 2005.<ref>{{cite web |url=http://careerbright.com/tag/immigrant-entrepreneurs |title=Immigrant Entrepreneurs |publisher=Careerbright |access-date=21 April 2012 |archive-date=23 June 2012 |archive-url=https://web.archive.org/web/20120623014134/http://careerbright.com/tag/immigrant-entrepreneurs |url-status=live }}</ref> Almost 6% of the immigrants who founded companies in the innovation/manufacturing-related services field are from China.<ref>{{cite web|url=http://www.atimes.com/atimes/South_Asia/IA12Df01.html |archive-url=https://web.archive.org/web/20070115080618/http://www.atimes.com/atimes/South_Asia/IA12Df01.html |url-status=unfit |archive-date=15 January 2007 |title=South Asia news – More foreign cogs in the US engine |work=Asia Times |date=12 January 2007 |access-date=21 April 2012}}</ref> Research funded by the [[Public Policy Institute of California]] indicates that in 1996, 1,786 Silicon Valley technology companies with $12.5 billion in sales and 46,000 employees were run by executives of Indian or Chinese descent. Moreover, the pace of entrepreneurship among local immigrants has been increasing rapidly. While executives of Chinese or Indian origin were at the helm of 13% of the Silicon Valley technology businesses started between 1980 and 1985, they were also running 27% of the more than 4,000 businesses started between 1991 and 1996.<ref>{{cite web |url=http://www.ppic.org/main/commentary.asp?i=206 |title=A Valley Asset: Chinese, Indians Creating Businesses, Jobs, Wealth As Successful Entrepreneurs (PPIC Commentary) |publisher=Ppic.org |date=21 June 1998 |access-date=21 April 2012 |url-status=dead |archive-url=https://web.archive.org/web/20130527000933/http://www.ppic.org/main/commentary.asp?i=206 |archive-date=27 May 2013 }}</ref> Start-up firms remain a primary source for new ideas and innovation for Chinese American internet entrepreneurs. Many of them are employed or directly engaged in new start-up activities. The proportional share of start-up firms by ethnic Chinese in Silicon Valley skyrocketed from 9% in 1980–1984 to about 20% between 1995 and 1998.<ref>{{cite book |url=https://books.google.com/books?id=eq119vbyzLAC&q=percent+ethnic+chinese+silicon+valley&pg=PA57 |title=Chinese Entrepreneurship in a Global Era – Raymond Sin-Kwok Wong |date=14 August 2008 |access-date=21 April 2012 |isbn=978-0-203-89488-0 |last1=Wong |first1=Raymond Sin-Kwok |publisher=Routledge |archive-date=26 March 2021 |archive-url=https://web.archive.org/web/20210326125508/https://books.google.com/books?id=eq119vbyzLAC&q=percent+ethnic+chinese+silicon+valley&pg=PA57 |url-status=live }}</ref> By 2006, Chinese American high-technology entrepreneurs were behind 20 percent of all Silicon Valley start-up firms, leading 2000 Silicon Valley companies, and employing 58,000 workers.<ref name="google1" /> Today, Chinese Americans still continue to own about 20% of all U.S.-based information technology companies that were founded in Silicon Valley since 1980. Numerous professional organizations in perspective in the 1990s as a support network for fellow Chinese American high tech start-ups in the valley.<ref>{{cite book |url=https://books.google.com/books?id=JS_Af8c_eK0C&q=Ethnic+Chinese+own+about+20+percent+of+all+Information+Technology+companies+that+were+founded+in+Silicon+Valley+since+1980&pg=PA117 |title=Doing Business in the New China: A Handbook and Guide – Birgit Zinzius |access-date=21 April 2012 |isbn=978-0-275-98031-3 |year=2004 |last1=Zinzius |first1=Birgit |publisher=Greenwood Publishing |archive-date=26 March 2021 |archive-url=https://web.archive.org/web/20210326125451/https://books.google.com/books?id=JS_Af8c_eK0C&q=Ethnic+Chinese+own+about+20+percent+of+all+Information+Technology+companies+that+were+founded+in+Silicon+Valley+since+1980&pg=PA117 |url-status=live }}</ref> Between 1980 and 1999, 17% of the 11,443 high-tech firms in Silicon Valley—including some 40 publicly traded firms were controlled by an owner of Chinese ancestry. In 1990, Chinese Americans made up a third of the Asian-American high-tech professional workforce in addition to 11% of the entire Silicon Valley professional workforce. In 1998, Chinese Americans managed 2001 firms, employing 41,684 workers, and ran up 13.2 billion in sales. They also accounted for 17% of all Silicon Valley high-technology business owners, 10% of the professional high-technology workforce in the Valley, and 13.5% of the total sales all while accounting for less than 1% of the U.S. population at the time.<ref>{{cite book |url=https://books.google.com/books?id=OdDyRFWUVPkC&q=percent+chinese+silicon+valley&pg=PA156 |title=The Expanding Roles of Chinese Americans in U.S.-China Relations ... – Peter H. Koehn, Xiao-Huang Yin |access-date=21 April 2012 |isbn=978-0-7656-0950-2 |date=31 May 2002 |last1=Koehn |first1=Peter H. |last2=Yin |first2=Xiao-Huang |publisher=M.E. Sharpe |archive-date=26 March 2021 |archive-url=https://web.archive.org/web/20210326125453/https://books.google.com/books?id=OdDyRFWUVPkC&q=percent+chinese+silicon+valley&pg=PA156 |url-status=live }}</ref>
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