Maine must seize every opportunity to invest in our prosperity. At this time, we’re far behind in the vital area of research and development, which we need to grow innovative businesses that create the jobs of tomorrow.Democratic and Republican lawmakers need to come together for the long-term health of our economy. And we need Governor Paul LePage to join the effort.
Maine is 45th in the nation in research and development investment. We put only about 1 percent of our gross domestic product into R&D, rather than the 3 percent recommended by the Maine Economic Growth Council.We’re way behind other parts of the country. We invest at only half the level of the nation as a whole and not even at one-quarter of New England’s rate.
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To read the full, original article click on this link: Research and Development funds needed for Maine’s innovation economy
