Stop Studying Already!
The IT Industry Study Group put out an important press release yesterday that says that they plan to produce an important report on how important the tech industry is to Massachusetts. That report, when it is finished, will no doubt be accompanied by yet another important press release.
Now, you know that I am a big cheerleader for innovation in Massachusetts, and the entire New England region.
But I think that rather than talking to ourselves... and our elected officials...and telling one another how important we are to the regional economy... we should actually be communicating with the rest of the world. We should be focusing on building our brand... and attracting investment and business activity (like Google's Cambridge office, or the giant Novartis presence in Central Square) from elsewhere. We should also be figuring out how to create a welcoming environment for all the students who come here to get an education, funneling them into start-ups and bigger companies here, or helping them launch ventures of their own.
Correct me if you think I'm wrong, but these studies serve no useful purpose that I can tell. (Here's a 2008 study on basically the same topic: how Massachusetts can remain competitive in the IT and defense sectors.)
Here's what this new very very very important study will focus on:
The Institute will undertake in-depth research documenting the size and scope of activities of the major IT industry sectors in Massachusetts. It will analyze the extent to which the presence of IT firms contributes to the competitiveness of other Massachusetts industries. In addition, the report will explore opportunities for the local IT industry and investigate major obstacles to growth and expansion in Massachusetts. The $150,000 project is being underwritten by the consortium of private companies, in partnership with the Massachusetts Technology Collaborative’s John Adams Innovation Institute.
Have fun, guys.