No. 10: Dallas
- By Nick Wakeman
- Nov 21, 2007
The Dallas area may have first made its name with cattle and cotton, but those
days are long gone.
The North Texas metropolitan area, which in addition to Dallas also boasts
Fort Worth, Arlington and Plano, is home to a large number of information
technology services companies such as EDS Corp., Perot Systems Inc. and
Affiliated Computer Services Inc., all with large government businesses.
Others, such as Lockheed Martin Corp., are in the region to support military
projects, said Wes Jurey, president of the Arlington Chamber of Commerce.
"There are some things you might not know about North Texas," Jurey said.
It is the fourth most populous metropolitan area in the United States after
New York, Los Angeles and Chicago, with 6 million residents. The population is
expected to grow to 9 million by 2025 or sooner, he said. According to the
Bureau of Economic Analysis, the area had 43,655 civilian and military
employees in 2005.
One strategy to fuel economic growth involves taking advantage of the
government-funded high-tech research in the region, Jurey said.
The Arlington Chamber of Commerce and the University of Texas-Arlington
are working together on technology transfer opportunities. They host the
World's Best Technologies Showcase, which works with the national laboratories
and other research organizations to present new technologies to potential
"Six years ago, we began down the path of helping UT-Arlington become
one of the top-tier research institutes in the country," Jurey said.
Partnering with the private sector is a key component because it helps identify
opportunities for commercialization of technologies. Another component is
building an entrepreneurial culture.
"We see the government as a customer and as a source of venture capital,"
Jurey said. The Homeland Security Department, for example, is funding development
of promising technologies it may want to buy in the future.
"What's that if not venture capital?" Jurey asked.
Nick Wakeman is the editor-in-chief of Washington Technology. Follow him on Twitter: @nick_wakeman.