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HI SCR91
Concurrent Resolution
Status
3/5/2020
Primary Sponsor
Donovan Cruz
Click for details
AI Summary
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Urges the State of Hawaii Department of Business, Economic Development, and Tourism to set economic policies based on the Endogenous Growth Theory developed by Nobel laureate economist Dr. Paul Romer.
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Directs the state to foster investment in human capital, innovation, and knowledge as primary drivers of economic growth rather than attempting to replicate Silicon Valley's technology hub model.
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Emphasizes that Hawaii should develop its own unique path to economic growth utilizing policy measures such as subsidies for research and development and education initiatives.
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Requires certified copies of the resolution to be transmitted to the Governor and Director of Business, Economic Development, and Tourism.
Legislative Description
Requesting The State Of Hawaii To Create A Framework Of Policies And Metrics For Building A Sustainable Economic Future.
Economic Development
Last Action
Referred to EET.
3/5/2020