Pacific Technology Alliance Rotating Header Image

A Letter from the Director (Nov)

Recent events and news paint a somewhat contradictory view of our region’s tech sector: We’re leading in the app economy and in life sciences innovations, but the private investment that makes this all possible has declined.  Regulations that hinder progress remain in place, yet so far, we’re still attracting startups, and area residents are benefitting from exciting innovations that improve lives and encourage civic engagement.  It is this contradiction that teaches us important lessons in crafting smart policy.

The Pacific Northwest has created a momentum in the tech world and offers exciting glimpses of a future that includes continued leadership in tech and the potential for impressive growth in high-tech innovations, startups, life sciences and health care delivery.

But in order to continue that momentum and achieve our potential, we must remove the remaining obstacles and build a clear path forward.  Outdated regulations divert billions of dollars away from the development of technologies that we want and need, and an environment that fails to encourage private investment in our startups will ultimately slow innovation and growth.  The current picture is a positive one that reveals that our region is bursting with promise, but smart regulations and pro-investment policies could help us achieve a better, brighter future.

Categories Articles | Tags: | Posted on November 11, 2013

Sign Up for Updates