The Technology Grail

"That's very important for the development of certain biotechnology or any high-tech companies that depend on venture capital for their growth, and most companies do these days," says Alberte. "The west coast, between Naples and Sarasota, is an area of considerable wealth, so the opportunities for venture capitalists to come down here and create funds based on local resources would be very attractive."

On the downside, wages are still low, which could deter qualified employees from moving to the area. But ASG, which does a lot of recruiting through its 40 offices worldwide and on the Internet, hasn't had any trouble, says Romnios. Most applicants want to be here, either because of the company itself or because of the lifestyle Southwest Florida affords.

And that might be the region's biggest asset, some say.

"Florida does have some attractions or advantages over other states, even over North Carolina. You have a long shoreline, and a lot of researchers would like that kind of lifestyle. It is very suitable. The shoreline, the fresh air, the sunshine, everything that one would feel comfortable in doing research, very high-end research especially," says Wong. "As far as location concerns, it is a plus, but I still question whether the state can pony up a lot of R&D resources, especially in terms of human resources and human talent. That's a concern. Other than that, anything is possible."