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The US and the UK are now faced with a new competitive landscape in the context of the knowledge-based economy. What this means for a relatively small and relatively peripheral region like Wales is truly significant. Getting the strategy right is critical and every possible opportunity for seeking advantage must be taken.

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Source:  OpenStax, A study of how a region can lever participation in a global network to accelerate the development of a sustainable technology cluster. OpenStax CNX. Apr 19, 2012 Download for free at http://cnx.org/content/col11417/1.2
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