New Jersey is strategically located at the hub of the most modern telecommunications network in the world. It's just one reason why many of the world's telecommunications giants have located their corporate headquarters and research and development facilities in our state. We lead the nation in telecommunications innovations, and the first to benefit from these new products are often other New Jersey firms. Our telecommunications infrastructure has been designed with the 21st century in mind. It's easy to find a site for your business with access to the fiber optics necessary for high-speed data transmission.
Information is delivered dependably and with maximum flexibility.
And we've created innovative financing and grant programs to aid our high-tech firms. New Jersey companies and reseach institutions have produced 30 Nobel Prize winners. Thanks in part to their efforts, New Jersey ranks fourth in industrial research development and fifth overall. Thomas Edison saw New Jersey's possibilities more than 100 years ago when he chose West Orange and Edison as the sites for his research laboratories. We chose New Jersey because we believe this state is the center of gravity of the global pharmaceutical industry.