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Benchmarking the Central/Northern New Jersey Bioscience Cluster to Other U.S. Regions

Benchmarking the Central/Northern New Jersey Bioscience Cluster to Other U.S. RegionsBioscience Cluster to Other U.S. Regions
Workforce and Economic Intelligence for the Bio-1 Region
Prepared for: Bio-1 WIRED Region
Prepared by: Paul Gottlieb, Ph.D., Qianqi Shen, and Aaron Fichtner, Ph.D.
Department of Agricultural, Food, and Resource Economics and
John J. Heldrich Center for Workforce Development, Rutgers,
The State University of New Jersey
Executive Summary
December 2009
Workforce Report
This report compares the bioscience industry in central and northern New Jersey to 10
other regions of the nation. Six of these comparison regions were selected because of
the magnitude of their bioscience employment, while the remaining four are Workforce
Innovation in Regional Economic Development (WIRED) regions focusing their workforce
development efforts on the biosciences. The report examines key economic indicators,
including bioscience employment and employment trends, industry concentration, education,
and investments in research and development. The 10 comparison regions are:
Boston (MA), Chicago (IL), Delaware Valley (PA, NJ, DE), Grand Rapids (MI), Indianapolis
(IN), Kansas City (MO), the Research Triangle (NC), Rochester (NY), San Diego (CA), and
San Francisco (CA).
The bioscience industry is defined to include the following sub-sectors: pharmaceuticals;
medical devices and equipment; physical, engineering, and biological research; other
bio-related manufacturing; and laboratories.
Central/northern New Jersey includes the five counties of the Bio-1 region (Hunterdon,
Mercer, Middlesex, Monmouth, and Somerset) and five additional counties with significant
biosciences employment (Bergen, Essex, Morris, Passaic, and Union).
Key Findings

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