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Study: Local High-Tech Firms Have Economic Impact of $41.5B

Mike Allen, SAN DIEGO BUSINESS JOURNAL

Wednesday, October 12, 2011

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In terms of employment, high-tech, which includes biotech and life sciences, has done remarkably well during the Great Recession years and still makes up 11.2 percent of the region’s total workforce. That’s nearly the same percentage as in 1990, the study said. The report did not provide the number of local high-tech companies and their economic impact from a year earlier.