From the November 17, 2000 print edition

Rosy tech outlook minus key pieces

The Valley is making progress on its journey to join the nation's technology elite.

And there is much to cheer about, as we found in reporting on stories for the Technology magazine, which our subscribers received with their Journal last week. But there also are some key pieces missing -- and until we solve them, the Valley won't reach its destination.

We interviewed scores of technology executives and business owners -- from established industry leaders to up and comers and the state's fastest growing tech companies. The themes are repeated again and again.

Let's start with the positives.

Arizona is a leader in semiconductors and aerospace, which spin off all sorts of new businesses.

The Valley offers superb networking and support opportunities for entrepreneurs, including AZSoft.Net and Tempe Tech Oasis Partnership.

Our quality of life and business-friendly climate are among our strengths.

Now for the weak spots.

The No. 1 complaint is Arizona's poor showing on the venture-capital front.

Also businesses continue to have trouble recruiting the top talent to meet rapid growth.

Our education system lags, especially when it comes to the math and science basics needed to prepare elementary and high schoolers for the tech world.

And, although the Valley has its share of key players and a diverse business base, major corporate headquarters and New Economy stars are needed to capture the attention of startups and growth companies looking for new homes.

When you repeat things often enough, the messages should be clear. We no longer can ignore these missing elements.

The enthusiasm from those interviewed for the Technology magazine is contagious. They are confident the Valley is ready to make the leap. We are, too.

But let's not kid around. It's going to take a lot more hard work, smart thinking and partnerships among the private and public sectors to make it work. Let's get at it.

© 2000 American City Business Journals Inc.