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From bust to boom — with a catch. Study suggests skilled and innovative workers may defect to other communities because of the Bay Area’s (California) costly homes, creaky transportation infrastructure, and beleaguered public schools system.

Led by a resilient "innovation economy," the Bay Area has rebounded from the dot-com cataclysm, according to a study released today.

But the region’s rally is imperiled by an erosion of its talent base, warned the authors of the report, titled "The Innovation Economy: Protecting the Talent Advantage." The study suggests skilled and innovative workers may defect to other communities because of the Bay Area’s costly homes, creaky transportation infrastructure, and beleaguered public schools system.

"The region’s future depends on these highly skilled workers," according to the study, which was released jointly by the Bay Area Economic Forum, the Bay Area Council, and the Association of Bay Area Governments.

By George Avalos
CONTRA COSTA TIMES

Full Story: http://www.contracostatimes.com/mld/cctimes/business/14176005.htm

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