Before there was a Silicon Valley, there was New Jersey.
Home to places like Bell Labs, Sarnoff Labs and the pharmaceutical companies that made this the Medicine Chest of the World, the discoveries made in New Jersey lead to the products and companies that powered the American Century.
But in recent decades, New Jersey has lost some of its competitive edge. As a result, from 2007-2017, despite extraordinary investment in tax credits, New Jersey ranked 42nd in job creation and 49th in wage growth. It’s time for a fresh approach to encouraging economic growth in the Garden State.
Image: https://www.nj.com
