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January 19th, 2008
Northeast Ohio and the entire state have some of the right materials to build a strong nanotechnology industry, but a few key elements are missing, according to a report released by regional technology advocacy group NorTech and the Nano-Network, a program focused on connecting the region's nanotech companies and assets.
The state harbors a relatively large number of small and midsize companies related to nanotechnology when compared with the rest of the Midwest, but research institutions and large companies in the state file relatively few nanotech patents, according to the Northeast Ohio Nanotechnology Report.
The report also stated that Northeast Ohio in particular has yet to exploit many resources it could use to build a stronger nanotechnology industry, such as a sizable health care industry and expertise in polymers.
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