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A recent article on the potential for collaborations between univerisities and companies highlighted the University of Minnesota's role in bolstering the region's medical devices industry. 

The advantages of having an R&D presence in industry clusters near major research universities are well known. Silicon Valley, with its proximity to Stanford and University of California, Berkeley, has long been the paradigm for innovation ecosystems. Minneapolis, with the University of Minnesota and its dedicated Earl E. Bakken Medical Devices Center for research, continues to grow one of the largest medical-technology clusters in the world.

Read the full story in the Harvard Business Review.