February 25, 2000

Public Universities Get Money to Attract High-Tech Industry

By PETER SCHMIDT

In many states' plans, a major goal of campus research is to develop nearby 'hubs' of biotechnology

Public research universities are receiving large infusions of state money for a big new task: to produce major hubs of high-technology industry in their back yards.

Lawmakers in more than a dozen states have recently adopted or proposed ambitious economic-development plans for research universities to transform scientific discoveries into new businesses

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