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Public-Private Cooperation Is Key to Job Growth in our 21st Century Economy, by Mark Dudenhefer (Stafford County) Date published: 10/29/2010
JOB CREATION and eco- Stafford County, MTCSC Inc., and other companies believe that new approaches to job creation must be implemented if we are to achieve the economic progress that our region needs. This means using the local talent--who begin the Interstate 95 crawl to Washington, D.C., every morning--by employing them locally in high-paying jobs. We are committed to this goal and are working on ways to make it a reality. In a recent BusinessWeek article, "How to Build an American Job," Andy Grove, former chairman and CEO of Intel, said job growth will come through "an effective ecosystem in which technological know-how accumulates, experience builds on experience, and close relationships develop between supplier and customer." In essence, one need only look at the success of the Research Triangle in Raleigh-Durham or the New Mexico Technology Corridor for examples of this. A successful public-private partnership brings government, academia, and industry together to conduct massive research and develop-ment, innovate new technologies, and create new, high-paying jobs. Grove's concept of an economic ecosystem makes sense--especially for Stafford. With our talented work force and thriving academic institutions, our area is well-suited for the start of this ecosystem, and for real 21st-century economic growth. Working together, we believe this can happen. TALENT AND INNOVATION The Economic Development Administration within the U.S. Department of Commerce is working with localities across America to make these economic ecosystems a reality. They have identified the elements needed for these efforts to flourish.
agencies involved in our national defense and homeland
security. So MTCSC is essentially a govt-financed
enterprise funded from taxes - correct?
Isn't that really no different than other kinds of "stimulus"
since we are spending money that we don't have - a trillion
dollars more per year?
I'm not sure how sustainable any business can be if it's
primary customer is the govt.
In our area - with our proximity to govt, it's probably a good
strategy but just recognize that it is a taxpayer funded
strategy.
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