Other regions closely follow the Silicon Valley Index and many have emulated it to create their own set of indicators and data reporting.
One such example is described in this article that appeared in Florida Trend, a business magazine, in 2005.
Silicon Valley: A synonym for economic success
One of the traits of successful people, businesses and communities is the ability to engage in an open, honest examination of where they are, where they want to go and what they're doing to get there. In 1992, business leaders in Silicon Valley, the region that's become a synonym for economic success, started an organization called Joint Venture: Silicon Valley Network in response to what they saw as unnecessary government bureaucracy and a generally unhealthy business climate. Since 1995, the network has published an annual "index" that measures how the region is doing on what it believes are the most important indicators of its civic health. (Download a copy at jointventure.org.) There are several notable things about the effort that should interest economic developers in Florida: