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July 8th, 2007
THE POWER of Massachusetts as an incubator of new ideas is what is propelling us toward future prosperity. Whenever Massachusetts brings together human talent, innovation, and capital, it creates economic value that is world class. This is the aim of Governor Deval Patrick's $1.25 billion initiative for the biotech industry with its 500 companies and institutions already at work here.
We also need creative new ways to speed the flow of information among people, institutions, and private industry since information is the lifeblood of innovation. Today most research and development spans disciplines, requiring greater degrees of cooperation to produce results than ever before. Work in nanotechnology, for example, is being applied in areas as diverse as medicine, clothing, and cars.
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