UMAss Report Warns on Threats to State’s Research Economy
A new report from the University of Massachusetts, Amherst Donahue Institute’’s Economic and Public Policy Research Group takes a deep dive into the economic profile of the state’s research and development industry. The report, The Research and Development Ecosystem: Engine of the Massachusetts Economy, identifies a direct and indirect contribution of $218 billion to the state’s economy from R&D activities, equivalent to 28% of Massachusetts GDP. It warns that federal research cutbacks and restrictive visa policies threaten to impact the state’s economy for a decade.
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