THE ECONOMIC downturn has presented both challenges and opportunities that put us at a crossroads. We know all too well what the challenges are, but to find the opportunities, we must move beyond old economic development models and the noisy rhetoric that demonizes government or business. We must come together as a region to unleash the creative and innovative spirit that resides here to create what we call the new innovation economy.
Virginia has the nation's highest concentration of technology workers, but it lags in technology transfer, or commercialization, and seed-stage capital formation, both key factors when creating the next generation of technology companies.
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