As the overall health of the nation’s economy continues to limp along and gradually improve, it will take proactive states like Arizona to drive the private sector growth necessary for a robust recovery.
(PRWEB) November 20, 2013
Arizona is well-known for a number of things. The majestic red rocks and mountains of Sedona have been a popular destination for tourists and Arizona natives for centuries, and the lush forests of Flagstaff in northern Arizona are a great place to go on hikes during the summer and snowboard during the winter. Phoenix is one of Americas most beautiful cities, and the awe-inspiring Grand Canyon captures the hearts and imaginations of thousands of visitors every year. However, until recently, it was not common to associate Arizona with the technology industry.
Arizona also provides powerful incentives to businesses that hire Arizona university graduates. According to Jason Hope, a local entrepreneur, Arizona actually wants its students and businesses to succeed, and provides the tools necessary to make that happen.” One of the most successful incentives are state-provided grants to companies that provide job training to their employees. This results in a more educated and valuable workforce, something that is critically important to the success of a high-skill industry like the technology industry. These policies have largely been successful, and there are now a number of software, solar, wind, and semiconductor companies making their home in Arizona cities like Tucson and Phoenix.
As the overall health of the nation’s economy continues to limp along and gradually improve, it will take proactive states like Arizona to drive the private sector growth necessary for a robust recovery. While all sectors of the economy are important, technology is trending to be one of the most important and profitable industries globally, and is an area where First World counties like the United States can continue to be competitive due to the high level of education technology jobs require. By helping drive the growth of technology startups, Arizona is playing a significant role in improving the state of both the Arizona economy and the health of the national economy.
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