Plus, the top talent is usually under contract at one of the large firms and may be unable to move, he adds.

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Owen will add extra experience to an attack that still boasts plenty of established talent in Wayne Rooney and Dimitar Berbatov, plus youngsters Danny Welbeck and Federico Macheda.

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On the plus side, the same market forces driving the competition for top new talent are also spurring the search for hot, young entrepreneurs with cool ideas to back.

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The seeds for this conglomeration of scientific talent were a cluster of research institutes like Salk, Burnham and Scripps, all near La Jolla, plus the University of California campus.

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Despite failing the eleven plus examination he was educated at the local grammar school, thanks to a headmaster who thought Hoggart had talent and insisted the Local Education Authority (LEA) admit him to Cockburn High School.

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