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The first decade of the new century saw a dramatic reduction of R&D. Some experts believe the steady decline of high quality jobs isn't due mainly to the current recession, nor the rise of off-shoring, but instead to the drop in R&D spending. Some also say the ability to grow out of the recession is seriously hampered without the innovation that sprang from R&D in past decades. Do you see big private R&D investments, a la Bell Labs, ever returning? And, how important is it for growing tech jobs?
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