Sunday, February 12, 2006
Investing in the Knowledge Economy
According to the Arizona Republic, the state is hoping to set up a $25 million fund to attract engineering and tech talent. The proposal has support of the Governor and Republican Representative Bill Konopnicki. However Republican Russell Pearce, the House's key budget writer, is against the proposal saying that the private market should be the ones investing. He also criticizes the bill's lack of details regarding who owns the intellectual property and states that the state should see how other technology investments pay off before forking over more money.
