Rhode Island § 42-64.28-1 § 42-64.28-1. Legislative findings.

Rhode Island Statutes

§ 42-64.28-1 — § 42-64.28-1. Legislative findings.

Rhode Island § 42-64.28-1

Title 42State Affairs and Government

Ch. 42-64.28Innovation Initiative

This text of Rhode Island § 42-64.28-1 (§ 42-64.28-1. Legislative findings.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 42-64.28-1 (2026).

Text

§ 42-64.28-1. Legislative findings.
While large enterprises have the expert personnel and financial resources to make
            strategic investments in innovation, few small businesses have the resources to do
            so. The resulting underinvestment in innovation stunts the growth of Rhode Island's
            economy, inhibits the potential of small businesses, and impedes local universities
            and other technological resources from providing technological input and other developmental
            assistance to such small businesses. It is the intention of the general assembly to
            foster innovation in small businesses and increase demand for technological services
            by creating an

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§ 42-64.28-1. Legislative findings.

While large enterprises have the expert personnel and financial resources to make strategic investments in innovation, few small businesses have the resources to do so. The resulting underinvestment in innovation stunts the growth of Rhode Island's economy, inhibits the potential of small businesses, and impedes local universities and other technological resources from providing technological input and other developmental assistance to such small businesses. It is the intention of the general assembly to foster innovation in small businesses and increase demand for technological services by creating an innovation initiative. This initiative will further advance the competitiveness of Rhode Island's companies in the national and global economies and result in the creation and/or retention of jobs and tax revenues for the state.