Economic Development Futures Journal

Wednesday, November 26, 2003

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Brainpower Draws Biotech Companies

If there is any question in your mind that skills and talent are important (vital) to biotech growth, read this recent article about why biotech is growing in New Jersey, Boston, San Diego and the Bay area.

Advice: Grow your brainpower, cultivate the talented people you have, and recruit new talent. All three strategies are essential. These people tend to be mobile. The more skilled and degreed, the greater the chance they can pull up stakes and move somewhere else for a better job and more community amenities. Retention comes first!

Go here to read the article.

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