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(Inc) — Fast-growing companies are amalgams of talented people and fresh ideas; colleges and universities produce both. Consequently, economic growth depends in large part on the effectiveness and quality of schools. Amy Gutmann, a political theorist, has been president of the University of Pennsylvania since 2004. We asked her how what’s happening on campus now will affect businesses down the line. She spoke recently with Inc. editor-at-large Leigh Buchanan.

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