An important theme in nanotechnology is state government pushing for
economic development through funding of nanotechnology high-tech
start-up companies and university technology transfer. Adding to this
push, a recent
report suggests that state governments should increasingly fund
“home grown” high-tech start-ups rather than provide money to
established companies. Home grown, turns out, provides better return for
the state. The report, titled "Good
Jobs, Strong Industries, a Better Pennsylvania: Towards a 21st Century
State Economic Development Policy," was prepared by the Keystone
Research Center and focused on developing jobs in Pennsylvania (see, for example, March 21, 2010 edition of the Pittsburgh Post-Gazette, D1, summarizing the report, case studies, and its implications). The reports’ implications, however, are national. In addition, the Keystone report also advocated for more transparency in how the state funding money is used and the results of the funding.
To read the full, original article click on this link: State Funding of "Home Grown" Versus Existing Companies—New Report Advocates Funding Home Grown Companies : Nano & Cleantech Blog
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