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Conclusion

  • Charles W. Wessner
  • Thomas R. Howell
Chapter
Part of the International Studies in Entrepreneurship book series (ISEN, volume 42)

Abstract

New York’s Tech Valley demonstrates that it is possible to reverse long-term economic decline in an old industrial region through the right mix of public policies and private-sector engagement. Tech Valley’s success should dispel the notion that regional efforts to foster high-tech industry will necessarily fail because of embedded regional disadvantage. The experience has shown that regional competitive advantage can actually be grown and that public investments in research infrastructure can lead to a resurgence in well-compensated manufacturing jobs.

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Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  • Charles W. Wessner
    • 1
  • Thomas R. Howell
    • 2
  1. 1.Georgetown UniversityWashington, DCUSA
  2. 2.Dentons, LLPWashington, DCUSA

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