Other Economies

State Senator Cynthia Stone Creem, Democrat of Newton, said she sponsored the bill to keep research firms in the state. ”We want to encourage them to stay here and not move to California or England,” she said.

MENLO PARK — As dwindling venture capital financing and competition from other regions stalls growth in biotechnology’s birthplace, the state is taking steps to create a strategic plan to keep the Bay Area in the…

Properly supported by state policy makers, the report says, the life sciences cluster could ”do for Massachusetts what defense did in the 1960s and 1970s, what minicomputers did in the 1980s, and what networking technologies and software did in the 1990s.”
(Developing and supporting clusters of innovation in specific industries or markets in Montana is key to our overall economic success.- Russ)

Environmentalists and left-leaning economists have been trying to get people interested in sustainable development for nearly two decades. Now they’re getting a new breath of life from Columbia University. By JON E. HILSENRATH Staff Reporter…

For the Scots, the move here from Stamford, Conn., is part of an aggressive strategy to ”drive the Scottish economy up the value chain,” said Iain Gray, Scotland’s minister for enterprise, transport, and lifelong learning. But the announcement is also significant for Boston, as yet another indication the city is gaining as a location for state-sponsored international research and development.

The report says the state’s own public universities ”are among the most difficult institutions for companies to deal with” in setting up new programs. And private schools including Harvard University and the Massachusetts Institute of Technology produce too little local economic spinoff, the report says.
”In an environment where other states are aggressively competing for high-tech businesses and jobs, it is irresponsible for Massachusetts state government to leave the future of its leading and most promising sectors to chance,” says Ray Stata, chairman of Norwood-based chipmaker Analog Devices, in the report. (And this is Massachusetts… how do you think we’re doing in Montana?- Russ)

"Once that applied research comes out of the research stage and goes into the production stage," Ladd said, "it creates a demand for a highly educated work force to fill those jobs."

FORT DAVIS, Texas — At a time when cattlemen are selling the farm due to falling beef prices, searing drought and rising energy costs, William "Rocky" Beavers is riding high in the saddle. By JOEL…

Even as venture capitalists flew around the country to close deal after deal in the late 1990s, they wanted their investments to move within driving distance. By Rob Kaiser Tribune staff reporter Chicago-area entrepreneurs, for…

"No company is going to come anywhere unless they are already interested. The incentive is just a sweetener. It’s the fundamental characteristics of the labor force, the location, the market, the proximity to natural resources . . . that are essential."