Silicon Valley restaurants innovate solutions for unique economic challenges
Abstract/Contents
- Abstract
Typical restaurants in Silicon Valley struggle with rising labor costs, labor shortage, rent increases and fierce competitions with tech giants’ free cafeterias.
According to Zillow, a one-bedroom apartment in Silicon Valley costs more than $3,000 in 2017. Likewise, the rental prices for restaurants have been increasing over the years. According to Palo Alto’s Planning Department, the average monthly rental rate for retail in 2015 is roughly $10,000 per month for 2,000 square feet, a 20 percent increase from 2013.
These economic pressures have impacted Mid-Peninsula restaurant owners' ability to hire and retain quality staff. Meanwhile, tech giants like Facebook are hiring away full-service restaurants’ best chefs, line cooks, dishwashers and servers with wages, benefits and incentives that restaurant owners find hard to match.
At a time when costs of living and labor are high in Silicon Valley, some restaurants are trying to use cutting-edge technology and innovations to be successful in one of America’s most difficult restaurant scenes.
Description
| Type of resource | text |
|---|---|
| Date created | June 7, 2017 |
Creators/Contributors
| Author | Lin, Siqi |
|---|---|
| Advisor | Nguyen, Dan |
| Degree granting institution | Department of Communication, Stanford University |
Subjects
| Subject | restaurant |
|---|---|
| Subject | Silicon Valley |
| Subject | economic pressure |
| Subject | tech companies |
| Subject | innovation |
| Subject | free cafeterias |
| Genre | Thesis |
Bibliographic information
Access conditions
- Use and reproduction
- User agrees that, where applicable, content will not be used to identify or to otherwise infringe the privacy or confidentiality rights of individuals. Content distributed via the Stanford Digital Repository may be subject to additional license and use restrictions applied by the depositor.
- License
- This work is licensed under a Creative Commons Attribution Non Commercial No Derivatives 3.0 Unported license (CC BY-NC-ND).
Preferred citation
- Preferred Citation
- Lin, Siqi. (2017). Silicon Valley restaurants innovate solutions for unique economic challenges. Stanford Digital Repository. Available at: https://purl.stanford.edu/my252mc2098
Collection
Masters Theses in Journalism, Department of Communication, Stanford University
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- sikylin92@gmail.com
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