The California technology economy: surfing the waves Online publication date: Tue, 12-Oct-2010
by Aaron Tremaine, Kathryn Atchison, Christian Behrenbruch
International Journal of Healthcare Technology and Management (IJHTM), Vol. 11, No. 4, 2010
Abstract: Recent reports debate California's continued prosperity and suggest that California may be losing its economic leadership. Within California's economy, universities were instrumental in educating a workforce, creating industrial partnerships, and also transferring technology to the public. To continue, California needs to align the traditional concepts of industrial recruitment and labour management policy with the entrepreneurially-driven economic policies that have shaped its longstanding prosperity. California's business climate measured by several metrics is generally viewed as inhospitable; however, evidence suggests that state policy assisted the formation of several strong economic clusters around California's research universities that shaped the state's prosperity.
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