A recent analysis of data by Connect shows that just 14 percent of the technology-based firms started here lately were biotechnology or pharmaceutical companies.
The period reviewed, July 1, 2005, to June 30, 2006, showed 45 percent of businesses launched during the period were communications technology firms, such as Internet-related operations or mobile device companies. Software companies comprised 30 percent.
Connect, a life sciences and technology networking group that matches entrepreneurs with investors, will begin releasing such economic indicator data each quarter on its Web site. To be called Connect-dex, the index will feature data that will be used to evaluate economic progress and potential here. Connect is compiling the data in partnership with the San Diego Institute for Policy Research and Roth Capital Partners.
In the first report, distributed March 20, the remainder of the startup mix was split among biomedical firms, computer and electronics, defense and transportation, environment and technology and recreational goods and manufacturing.
Information for the index is gathered from data firms InfoUSA, based in
Omaha, Neb. , and Dunn & Bradstreet, based in Short Hills, N.J.
These firms gather data from various records, from transferred property deeds to new business filings at courthouses to electricity hookups at utility companies.
