Collaboration among manufacturers, start-ups, and research institutions can foster innovation in Massachusetts according to a report released by MIT’s Industrial Performance Center. What makes Massachusetts so attractive to startups looking to manufacture? According to the report:
"Declining energy costs, rising labor costs in traditionally low-wage countries, and concerns about the protection of intellectual property are making the U.S. a more competitive location for certain types of manufacturing, including particularly those types of manufacturing in which Massachusetts excels. At the same time, the development of new “game-changing” advanced manufacturing technologies, such as additive manufacturing, cyber-physical systems, and integrated circuit photonics, is providing additional opportunities for U.S. firms to innovate and increase efficiency."
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