Despite the official end of the recession, the economy recovery remains excruciatingly slow and Washington state is still more than 100,000 jobs in the hole. The overarching imperative is clear. We must urgently learn more, create more, make more and export more. Innovation will be the key driver in accelerating economic recovery. Four pillars underpin a 21st century innovation economy: talent, investment and entrepreneurship, infrastructure and exports. Getting the economy back on a sustainable path will take extraordinary leadership from the private sector and every level of government—federal, state, local and tribal. Our new commissioners are in the process of updating the state’s economic development strategy and, in parallel, conducting an in-depth outcome evaluation of over 124 agency economic development programs.
To create jobs Washington must set itself apart and make our state the most attractive environment for innovation in the world. We invite your thoughts as we move forward. LINK: www.wedc.wa.gov
Powerpoint charts on Washington state's innovation plan.
Download Four Pillars for Economic Growth and Job Creation by Egils Milbergs
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