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Economic Impact of Bioscience Connecticut

Author

Listed:
  • Peter Gunther
  • Fred Carstensen

Abstract

Bioscience Connecticut accelerates the build?out of the foundation for continuing economic development and job growth, creating, attracting, and expanding biomedical and bioscience firms. bioscience connecticut provides positive impacts on annual personal income, disposable income, with a potential for better health care for Connecticut's citizens. In contrast PA10?104, while addressing effectively the essential challenges of UCHC, focused on expanding clinical services, an approach whose economic benefits would plateau after full implementation.

Suggested Citation

  • Peter Gunther & Fred Carstensen, 2011. "Economic Impact of Bioscience Connecticut," CCEA Studies 2011-May-01, University of Connecticut, Connecticut Center for Economic Analysis.
    • Handle: RePEc:uct:cceast:2011-may-01
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    File URL: http://ccea.uconn.edu/studies/UCHC-Bioscience-CT_2011June2-Final.pdf
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    More about this item

    Keywords

    Biomedical research; medical clusters.;

    JEL classification:

    • H4 - Public Economics - - Publicly Provided Goods
    • R5 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis

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