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Gov Murphy s innovation plan Visionary comprehensive and a great start ROI NJ

The New Jersey Tech Council has brought together and represented the state’s regional technology communities for over 20 years, and we’ve always prioritized strengthening the local ecosystem that supports our innovators and entrepreneurs. So, we listened with great anticipation as Gov. Phil Murphy presented his new economic development plan. We’re pleased to say it’s remarkably visionary and thorough.

The governor first noted that New Jersey has a tremendous legacy of innovation and entrepreneurship that has driven economic growth for the entire country, but, in the past 10 years, we’ve lagged most states in supporting and benefiting from the innovation economy. That’s a point we’ve made often. We’re pleased that Murphy has placed the objective of nurturing innovation-driven economic growth front and center, and his team seems equally committed to fully leveraging the state’s extraordinary resources.

Image: New Jersey Tech Council - James Barrood is CEO and president of the New Jersey Tech Council.