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The old model of a university pumping out research results and educated students, or even commercial innovations and start-ups, are no longer sufficient. Business and political leadership have taken technology seriously; now, they must do the same with talent and tolerance. The places that don’t will find that the discoveries and talent they produce will continue to migrate away.

The Globe and Mail

In January 1992, Carnegie Mellon University undertook a project, in collaboration with the Technology Development and Education Corporation, called “Design for High Performance Manufacturing Infrastructure”. The objective of the project was to analyze and invigorate the supplier base and manufacturing infrastructure of Southwestern Pennsylvania…

What is the role of venture capital in industrial competitiveness? On the one hand, venture capital has played a crucial role in the emergence of innovative entrepreneurial enterprises and high-technology regions such as Silicon Valley and Boston’s Route 128 corridor. On the other hand, a number of commentators have suggested that venture capital contributes to a pattern of chronic entrepreneurship and the breakthrough illusion of U.S. high technology which have a negative implications for U.S. technological and industrial competitiveness.

The research that led to this report was commissioned by the Council of Great Lakes Governors in 1992 to provide a fresh look at the competitiveness of the Great Lakes Economy. The goal was to identify strategic areas in which collaboration among business and government leaders could accelerate the economic revitalization that had begun.

A Report by the Sustainable Economic Development Project. H. John Heinz III School of Public Policy and Management. Carnegie Mellon University. For the Sustainable Pittsburgh Initiative.

Final Report to the Alfred P. Sloan Foundation.

Dr. Richard Florida, Mark Atlas. H. John Heinz III School of Public Policy and Management. Carnegie Mellon University. Pittsburgh, PA