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The innovation equation

About 2 pages (496 words)

The Boston Globe, October 29th, 2006

IN A MODERN economy, innovation is the key to economic growth, and Massachusetts has enjoyed a great run for more than 50 years. While more than half of US economic growth since World War II has come from technological and related innovation, in Massachusetts that share has been even larger. Over the last 20 years our state has built a dynamic information technology sector and, more recently, a world- famous biotechnology sector. We have a mix of innovation advantages that leave other states and regions envious: great science talent, strong research universities and institutions, experienced e...

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Susan Hockfield is president Massachusetts Institute of Technology.; Susan Hockfield. The Boston Globe, October 29th, 2006. The innovation equation. Content provided by HighBeam Research.

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