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Impact of Technology Sectors on Local and National Economies
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At a national level, governments are protecting their pharmaceutical industries against foreign competition and the threat of foreign takeover (see Chapter 3). Such moves are undertaken for reasons of national pride as well as the desire to maintain highly skilled labor (e.g., scientists in R&D). National governments are also actively developing biotechnology sectors in order to attract skilled workers, develop an R&D base in a growing industry, and become a regional hub for such activity.

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