|
State Legislative Best Practices in Support of Bioscience Industry Development
|  Printer Friendly |
Conclusion
Despite the rapid advancement of technologies in the biosciences, and a heightened awareness by policy makers of the business and regulatory challenges confronting the bioscience industry, the fact of the matter is that most of the biosciences industry is populated by emerging companies that continue to need support mechanisms to sustain their research and development activities. While the industry has grown significantly in the past decade, it faces a long evolution before it becomes an economic engine in many states.
Bioscience technologies and opportunities continue to expand and has the potential to truly revolutionize almost every aspect of our daily lives. From health care to food and agriculture, and from industrial manufacturing to alternative energy production, the bioscience industry is becoming major economic engine for almost every state in the country. We hope this document will be helpful in better understanding the importance of translational research and workforce development as well as offering examples of public policies needed to encourage the growth of the bioscience industry.
DISCLAIMER: The examples cited in this document are only a small fraction of policies state governments have put in place to grow the bioscience industry. It is not intended to be exclusive of other policies to develop technology-based industries.
| 
