Now employees often resign rather than move. And these days they, or their expertise, cannot be easily replaced. Successful partnerships depend on mutual benefit, not on national boundaries. Communications and the global economy know no borders. Everyone is connected to everyone.
Partnerships extend internationally too.
The burgeoning Indian software enterprises that work while the U.S. sleeps are a current example. Research universities are sources of new ideas and information, as well as expertrise, so partnerships with universities are becoming increasingly important to industry and government agencies. As an example, I would like to talk briefly about the role of my University, the University of Maryland, as a builder of partnerships in the new economy. When we add to that number the faculty, support staff and visitors, our community totals about 50,000 people. The University is the largest organization in the State of Maryland.