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A Detailed Look At Picking Necessary Factors InSkip Tracing Tool alt="With Qualcomm in Play, San Diego Fears Losing Our Flag"/>
The Chargers of the National Football League in their final game at Qualcomm Stadium before leaving San Diego for Los Angeles a year ago. Credit Donald Miralle/Getty Images Today, dozens of large and small telecommunications companies across San Diego have Linkabit in their genealogy , and Qualcomm is by far the largest. Despite the anxiety here, it helps to remember that industrial development is more alchemy than science. Aside from a few basic ingredients — an educated populace, a good university and a reputation as a nice place to live — economists have almost no idea why industries coalesce around some cities instead of others, at least until they have done so. But more than any one big company, economists say, a location’s greatest asset is its ability to maintain whatever dynamics keep new companies forming. And Qualcomm has helped to create a critical mass of engineers and investment that is now baked into the region. “Cities are incubators for new ideas, but when the idea gets sufficiently mature, it moves on,” said Edward Glaeser, a Harvard economist who studies cities. “The important thing is that San Diego keeps on churning out new success stories and never becomes too dependent on any one company.” An earlier version of this article omitted the name of one agency involved in a report estimating the indirect economic effects of Qualcomm employment on San Diego. In addition to the San Diego Workforce Partnership, the study was by the San Diego Regional Economic Development Corporation.
For the original version including any supplementary images or video, visit https://www.nytimes.com/2018/02/11/business/economy/san-diego-qualcomm.html