Laying the Foundation for Innovation.

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    • Subject Terms:
      UNITED States. Dept. of State ; ARIZONA State University
    • Abstract:
      The article discusses the success of the Arizona Commerce Authority in attracting capital investment and creating jobs in the state. The Greater Phoenix metro area has been particularly successful in attracting semiconductor companies, with over $102 billion in capital investment and 15,700 direct industry jobs since 2020. The article also highlights the importance of infrastructure, such as transportation and power grid improvements, in supporting economic development in the region. The Phoenix region is ranked second in Site Selection's 2024 Global Groundwork Index, and the article emphasizes the need for continued investment in infrastructure to maintain the region's competitive advantage. [Extracted from the article]
    • Abstract:
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