The key need for innovation companies now is talent. There is a large technology and capability gap opening up in the chemical industry where millennials and X generations have not developed the same level of expertise in chemical technology as the Baby-Boomer and older generations did. Despite an overall rise in degrees granted in Science & Engineering since 2000, the degrees awarded in the Physical Sciences are relatively flat. And the numbers since 2000 are nowhere near the numbers of engineering degrees awarded in the 1980’s.
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