He mentioned higher education and technology as a common linkage for both taskforces. For collaborative purposes, it is his expectation that both taskforces share data, ideas and resources. He noted that the state Legislature would be receptive to a blueprint that seeks solutions to the challenges of the New Economy. Arizona also possesses a strong knowledge industry in computer electronics. The New Economy is the exchange of services more so than physical goods.
Competition is relentless.
In concluding, she remarked that, in terms of policy for the New Economy, emphasis should be placed on world class education extending into life-long education. The economic policy for the New Economy should focus on where people want to live and work and where cutting-edge companies want to cluster and grow. Research and development are key drivers for new ideas and essential for the creation of wealth. Arizona State University, the University of Arizona and Northern Arizona University are our research institutions. They must be strongly supported and well funded by the public and private sector.