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azcentralA lack of skilled labor, a meager pool of local investment capital and disjointed economic-development strategies are hindering growth in Arizona's technology sector, a study released Tuesday says.

But state leaders can build on strong resources already here, including universities, federal research funding and business startups, by fostering collaboration among stakeholders, according to the Milken Institute, a Santa Monica, Calif.-based research think tank.

Its report "Charting a Course for Arizona's Technology-Based Economic Development" compares Arizona's performance on tech indexes with peer states, including Colorado, Nevada, New Mexico, Oregon and Utah.

Original Article: Tech report charts path for Arizona