🚀 go-pugleaf

In article <12345@cit-vax.Caltech.Edu> wen-king@cit-vax.UUCP (Wen-King Su) writes:
>Perhaps we could have provided more positive influences to the
>industry, but we are operating under the guideline that university
>research groups should not be turned into joint-ventures.  The tax-
>payers did not give us money for us to make more money for ourselves.

Why not ?  If you start off a (successfull) joint venture won't you
end up employing people ? People who will be paying taxes on the money
they make as well as buying goods and services etc.  It would seem
that the "tax payers" would be much better off if a state-funded
research group _were_ turned into a joint venture rather than to let
it's research be used later by someone else outside of the taxpaying
area (i.e. it's better for California if the research funded in
California schools went to build businesses in California rather than,
say Texas . . at a national level it all evens out, but locally it
does make a difference . . this is why the whole Massachusetts
"Miracle" schtick is such a joke . . a "Miracle" wow ! . . lots of
schools & research ==> lots of start-up companies ==> a moderate
number of successfull companies ==> money coming in . . amazing !
education works !)

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        Gilbert W. Pilz Jr.       gil@banyan.com
        Banyan Systems Inc.       (617) 898-1196
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