Faculty Advisor

Banks, McRae C.

Faculty Advisor

Hansen, Peter H.

Faculty Advisor

Zhao, Wanli

Abstract

Massachusetts Biomedical Initiatives (MBI) is a biomedical incubator. We assessed the economic impact of the Central Massachusetts and Boston-Worcester biomedical corridors and developed a 5-year forecast. Since 2004, the economic impact of the Central Massachusetts Biomedical industry grew 136% and today has a direct economic impact of $2.2 billion. The economic impact is expected to grow about 182% by 2012. The Boston-Worcester corridor currently has a direct economic impact of $8.8 billion.

Publisher

Worcester Polytechnic Institute

Date Accepted

April 2008

Major

Management

Major

International Studies

Project Type

Major Qualifying Project

Accessibility

Unrestricted

Advisor Department

ECE

Advisor Department

Humanities and Arts

Advisor Department

Business

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