Milken releases technology report

Tuesday, September 17, 2002

The Milken Institute has released its latest report on technology and economic growth. Milken compiles the state rankings and concludes that "Massachusetts, Colorado and California are in the best position to succeed in the technology-led information age". The problem with this, of course, is that technology-led economic growth is more a function of regions than states.

The Milken report can have an impact on state policies (funding, primarily), though, and economic developers should not hesitate to push these arguments in their state associations. At the same time, keep in mind that innovation depends on so much more. Other important factors, for example, are entrepreneurial leadership within post-secondary institutions, local business development networks, and the quality of technology transfer policies. Scroll down to the end of the page to find the link to the full report. Go

For some good background on the role univerisities play in technology-led economic development, see the recent report by the Southern Technology Council, Innovation U.: New University Roles in a Knowledge Economy. Go

posted by Ed Morrison |

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