What do you think San Diego County is doing right in attracting new business and what can San Diego County improve upon to increase its competitiveness to attract new business?

San Diego County has been taking great strides in recent years to increase its competitiveness in attracting new business. Through the PESTELE analysis, it is evident that this strategy is effective in many ways but can still be improved upon for greater success.

Beginning with political factors, San Diego County has benefited from various initiatives provided by the California government that lower taxes and offer incentives for businesses to move into the region. Additionally, some businesses have also taken advantage of laws such as Proposition 22 which allows companies like Uber and Lyft to operate as independent contractors instead of employees. As such, these protections allow large companies to form and grow in a more financially viable manner than what would otherwise be possible under traditional employee models.

From an economic standpoint, San Diego County offers a high standard of living due to its prime location along the Pacific coastline and proximity to major tech hubs like Silicon Valley. This helps attract highly qualified workers who are willing to make significant career changes in order to enjoy all that this area has to offer while also creating increased opportunities for those already within the job market locally. Furthermore, there has been an influx of venture capitalist firms investing heavily into start up companies that are hoping gain quick traction hence stimulating further growth & development across board especially technology sector .

Regarding social factors – such as education level or workforce availability – San Diego County boasts a well-educated population due largely in part expansive university system coupled number private institutions spread throughout city state attracting individuals immigrants alike seeking bright futures fueled their ambition drive innovation way life here almost seen beacon promise.
However there certain areas could stand improvement example county remains relatively expensive live; although housing market slightly stabilized prior events leading pandemic prices continue remain higher discussed average US given income disparity wage gap presence amongst minority groups often times difficult them secure necessary resources secure footing same time alone not feasible since locals need basic amenities food clothing entertainment etc strive achieve success Thus pressure must brought bear so appropriate policies measures introduced bring uniformity fairness system beyond tangible offerings create sustainable framework everyone inside out…