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The Boston Globe

Business

Innovation Economy

Tech firms learning a hard, costly lesson

Back in March, I had a chance to interview Governor Deval Patrick on stage at a Boston hotel, in front of several hundred tech workers. The Massachusetts innovation economy, he boasted, was “one of the reasons why we are growing jobs faster than most other states,” and why the state had regained all the jobs lost in the recent recession.

Earlier that month, a group of legislators led by state Senator Karen Spilka, Democrat of Ashland, formed the Tech Hub Caucus, to help “shine a spotlight on tech’s far-reaching economic importance,” according to the press release announcing it.

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