GtrPhilaBiz

“There’s a real sense of teamwork, of synergy between people who want to succeed, want each other to be successful, and want the region to flourish. It is a great place to do science and to build business.”

So says Carol Fisher, the editor of a supplement in The Scientist magazine that focuses on the life sciences in our region.  This must-read piece provides an in-depth look into the local life science community, highlighting exciting new discoveries and the vast resources available in Greater Philadelphia.   

 Check out the feature here.

What happens to the research coming out of our region’s colleges and universities?  How are businesses and institutions of higher education working together to develop practical applications for all of the innovation taking place on campuses around Greater Philadelphia? 

The CEO Council for Growth, one of the Chamber’s affiliates, last week released its report on technology transfer in the Greater Philadelphia region (tech transfer is basically the process of commercializing research ideas). The study analyzes the gap between the exciting research coming from our higher education institutions and the region’s ability to get these ideas turned into products that can benefit the public and our economy.  It looks at variety of related research and benchmarks the region against other major metro areas.   (more…)

When compared to the Top 25 Metropolitan Statistical Areas (MSAs), the Greater Philadelphia region was ranked 2nd only to Boston on the number of Bachelor’s and First Professional degrees awarded, per capita. These stats and more are available in a new, first-of-its kind research study recently released by Select Greater Philadelphia.  An affiliate of the Chamber, Select is the non-profit, economic development marketing organization that promotes the region as a top-tier location for businesses.  The in-depth research study demonstrates, in specific terms, the strength of this region’s higher education sector and its direct effects on the region’s economy. For example, the study found that colleges in the region are expecting to spend $3.7 billion on capital projects over the next 5 years, excluding the Penn Connect project. This means 5,500 more construction jobs and total increase of 9,800 jobs. To view the full study, please click here.