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Prospects for a Bioeconomy: The Biomedical Industry and Regional Economic Development

The paper provides a basic perspective on trends in biomedical technology and the status and outlook for the biomedical industry. From these basics, it then offers an inventory and perspective on state, regional and university-based economic
development initiatives which are mobilizing to capture the benefits of the second wave of biotechnology innovation, and observations about the best practices and models emerging around the country.