Florida Atlantic University. Book Report. Authors: Michael I. Luger & Harvey A. Goldstein. Maribel F. Fields April 10, Professor: James Carras

Size: px
Start display at page:

Download "Florida Atlantic University. Book Report. Authors: Michael I. Luger & Harvey A. Goldstein. Maribel F. Fields April 10, Professor: James Carras"

Transcription

1 Florida Atlantic University Book Report Title: Technology in the Garden: Research Parks and Regional Economic Development Authors: Michael I. Luger & Harvey A. Goldstein Chapell Hill, NC: Univeristy of North Carolina Press, 1991 Maribel F. Fields April 10, 2007 Professor: James Carras URP 6549: Public Sector and Economic Development Planning

2

3 The book Technology in the Garden: Research Parks and Regional Economic Development, describes the results of a research study on the economic development impacts of research and development (R&D) parks and how the benefits of such parks are distributed among populations groups, primarily among minorities and women. In summary, the authors provide an overview of the population of research parks in the United States; the expected economic development outcomes of research parks based on a review of the relevant regional development literature; the introduction of a model of the stages of development of research parks and concepts of success and failure; the results of a cross-sectional analysis of a large sample of research parks and case studies of the three most successful research parks in the United States the Research Triangle Park, the University of Utah Research Park, and the Stanford Research Park; the two-way relationship between the research parks and their associated universities; and the implications of the study results for the design of regional economic development and technology policies. Research parks (also known as science or technology parks) are defined by the authors as organizational entities that sell or lease spatially contiguous land and/or buildings to businesses or other organizations whose principal activities are basic or applied research or development of new products or processes. Research parks are an important element in state and regional development strategies in the United States, as well as in Western Europe and Japan, Australia, and many other developed countries. The earliest research parks in the United States were created in the 1950s. Today there are approximately 116 research parks in the U.S. Research parks formation was cyclical prior to the 1970s and it has been growing exponentially since then. In terms of the economic structure of R&D, research shows that R&D is highly clustered in a small number of areas, that a suitable Spring 2007 Page 3 of 8

4 supply of scientists, engineers and technicians is one of the most important factors for the spatial clustering of R&D, and agglomeration economies seem to matter to several R&D industries. The authors identified three stages of park development that include incubation, consolidation and maturation. They evaluated the outcomes of each stage to measure success. They measured success in terms of the number of jobs represented by the R&D organizations that have located in the parks and in terms of the following induced changes: Employment growth Business start-ups Regional income and income equality Employment opportunities for women and minorities Occupational mix and local wage structure Research capacity of the local university(ies) Business climate and political culture Based on the analysis they concluded that the critical factors that are necessary for parks to stimulate significant employment growth within the region are vintage (the date the park was established the early bird gets the worm ), linkage (nature of the university-park linkage), and amenities (businesses favor R&D that provide essential services). Evidence shows that parks that failed were located in smaller regions with slow growth, and stresses the lack of patience, commitment and understanding of institutional relationships by key leaders. Spring 2007 Page 4 of 8

5 Case Studies: Research Triangle Park Created in 1959, the Research Triangle Park in North Carolina is the largest, and one of the most successful research parks in the world. Size: 6700 acres Workforce: 32,000 Universities: R&D oriented organizations: R&D organizations ranking of benefits Income inequality Critical Success Factors: Employment growth for the region: 52,000 (including the park s workforce) Univ. of North Carolina Tenants: Data General, Dupont, Duke University IBM, Northrop, Glaxo, North Carolina State Univ. Northern Telecom, etc. 50 Owner: Research Triangle Foundation 1. Access to entry-level labor force Manager: Research Triangle 2. Access to faculty consulting Foundation 3. Employees courses and training 4. Cultural milieu 5. Opportunities to subcontract RTP has not had any substantial Women workforce 45.5% effect on raising the level of earned income inequality of the region. Minorities workforce 15%* 1. strength of 3 research universities 2. the timing or vintage of the park 3. vision, cohesiveness, and strong support of key group of businesses, universities, and state government. R&D objectives: * Minorities are underrepresented in the park s workforce compared to the region as a whole. 1. diversify the state s economic base 2. increase the number of high-paying paying jobs in the state 3. increase employment opportunities for local university graduates and out of state North Carolinians Spring 2007 Page 5 of 8

6 Case Studies: University of Utah Research Park Created in 1970, the Research Park is adjacent to the University of Utah campus in the foothills overlooking Salt Lake City. Size: 320 acres Workforce: 4,200 Employment growth for the region: No objective standard to judge employment growth, the park is smaller than the other two examples and newer. Universities: University of Utah Tenants: Terra Tek, NPI, R&D oriented 57 Owner: University of Utah organizations: R&D organizations ranking of benefits Manager: University s administration Income inequality Critical Success Factors: 1. proximity to research universities 2. preference of CEO 3. access to major airport 4. access to skilled labor access to markets The R&D was responsible for a modest increase in the number of highly paid workers but it probably did not contribute to a bimodal distribution of income. 1. entrepreneurial climate of the university 2. research strength of the university s departments 3. a supportive state and local government 4. annual supply of well-trained graduates from the university Women workforce Minorities workforce R&D objectives: 30% 6.5% 1. diversification of the region s economic base 2. transfer of technology to other businesses 3. creation of high-paying jobs for local university graduates 4. expand employment opportunities in the area Spring 2007 Page 6 of 8

7 Case Studies: Created in 1951, the Research Park is located in Palo Alto, California and it was opened by Stanford University. This park is regarded as the granddaddy of research parks. The evolutionary path of this park is a result of changing university needs, the research capability and entrepreneurial spirit of the university, the growing environmental consciousness of the surrounding community, and the adaptability of park planners and managers. Size: 660 acres Workforce: 28,000 Employment growth 350 firms and 22,000 jobs for the region: Universities: Stanford University Tenants: Kodak, General Electric, Hewlett-Packard, Beckman Instruments, etc. R&D oriented 31 (59 businesses) Owner: Stanford University organizations: R&D organizations Manager: ranking of benefits 1. proximity to skilled labor 2. proximity to university 3. business climate/positive reputation 4. proximity to major airport Lands Management Department, administrative unit of the university Income inequality Critical Success Factors: In the 1950 s before the park existed, the income inequality was the same as it was nationwide, after that it worsen. The authors don t have hard evidence to link the trends in inequality to the growth of the park and related activity. 1. world s largest concentration of high-tech industry 2. research strength of the university s departments 3. positive business climate 4. helped to shape the political culture of the region 5. annual supply of well-trained graduates from the university Women workforce Minorities workforce R&D objectives: 40% 20% 1. generate revenue for the university 2. bring industry and university researchers closer together Spring 2007 Page 7 of 8

8 In conclusion, the authors indicate that R&D can be a costly economic development strategy. Based on their data, 50% of R&D start-ups fail and 50% of surviving parks change their focus. They also mention that for state or local governments with small populations and without research universities, the probability of success is even lower than 0.25 and that parks that achieve real estate vitality may not generate the economic development outcomes needed. In addition, they concluded that jobs created by research parks are appropriate for bettereducated workers and that park-related growth benefits white males relatively more than women and minorities, since white men tend to occupy the types of jobs that park businesses offer. In my opinion the case studies selected were limited to R&Ds with universities that have been established for many years. The authors did not provide detailed analysis on the outcome of new and successful R&Ds. In addition, further analysis of R&Ds located in small areas with no universities should be included to illustrate the differences in terms of the success measures. Even though the authors conclusion contain all the current challenges for new R&D s, I found very useful that they provided proposed alternatives for R&D parks for job creation of a wider range of skill levels. This book is a very good resource to learn about the history of R&Ds in the U.S., economic development impacts of R&D parks and how the benefits of such parks are distributed among populations groups. Spring 2007 Page 8 of 8

FLORIDA JOB GROWTH GRANT FUND PINELLAS COUNTY ECONOMIC DEVELOPMENT PROJECT: THE 501 BUILDING RENOVATION LIST OF ATTACHMENTS A. ATTACHMENT A RESPONSES THAT DID NOT FIT IN TEXT BOX B. ATTACHMENT B LETTERS

More information

APEC Best Practices Guidelines on Industrial Clustering for Small and Medium Enterprises

APEC Best Practices Guidelines on Industrial Clustering for Small and Medium Enterprises APEC Best Practices Guidelines on Industrial Clustering for Small and Medium Enterprises Prepared by the APEC Symposium on Industrial Clustering for SMEs Taipei 9 March 2005 Advantages of Industrial Clustering

More information

Wolf Branch Innovation District

Wolf Branch Innovation District Wolf Branch Innovation District Project Update December 14, 2017 Agenda I. Overview of Project Scope & Tasks II. Project Schedule III. Update on Activities by Task IV. Early Stage Thinking V. Next Steps

More information

BUSINESS AND ECONOMICS

BUSINESS AND ECONOMICS This preliminary draft element was prepared by City staff on the basis of input from the CAC and members of the public received from January 2017 through February 2017. The Element will be reviewed by

More information

Multijurisdictional Industrial Parks and Revenue Sharing: An Application of Growth Pole Theory

Multijurisdictional Industrial Parks and Revenue Sharing: An Application of Growth Pole Theory Multijurisdictional Industrial Parks and Revenue Sharing: An Application of Growth Pole Theory G. Jason Jolley (Corresponding Author) Voinovich School of Leadership and Public Affairs, Ohio University

More information

CoStar News - Prologis Sees More Opportunities Amid Disruption in Gl...

CoStar News - Prologis Sees More Opportunities Amid Disruption in Gl... 1 of 7 3/12/18, 5:12 PM MARCH 02, 2018 LOU HIRSH Prologis Sees More Opportunities Amid Disruption in Global Logistics Market Despite Numerous Real Estate Challenges Ahead, SD Conference Panelists Point

More information

Educational system face to face with the challenges of the business environment; developing the skills of the Romanian entrepreneurs

Educational system face to face with the challenges of the business environment; developing the skills of the Romanian entrepreneurs 13 ANNALS OF THE UNIVERSITY OF CRAIOVA ECONOMIC SCIENCES Year XXXXI No. 39 2011 Educational system face to face with the challenges of the business environment; developing the skills of the Romanian entrepreneurs

More information

Department Edmonton Economic Development Corp.

Department Edmonton Economic Development Corp. Department Edmonton Economic Development Corp. Introduction Edmonton Economic Development Corporation (EEDC) was established in 1993 by the City of Edmonton as an independent, not-for-profit corporate

More information

Innovation. Impact. Illinois.

Innovation. Impact. Illinois. Innovation. Impact. Illinois. An Economic Impact Report for the Research Park at the University of Illinois at Urbana-Champaign Research Park 60 Hazelwood Drive Champaign, IL 61820 researchpark.illinois.edu

More information

European Startup Monitor Country Report Portugal

European Startup Monitor Country Report Portugal European Startup Monitor Country Report Portugal Introduction Throughout Europe, Startup ecosystems have become a serious and inspiring movement to fight back unemployment, stimulate the local economy,

More information

INVITED REVIEW. Richard W. REDMAN INTRODUCTION GLOBAL PERSPECTIVE. Abstract

INVITED REVIEW. Richard W. REDMAN INTRODUCTION GLOBAL PERSPECTIVE. Abstract doi:10.1111/j.1742-7924.2007.00081.x INVITED REVIEW Critical challenges in doctoral education: Highlights of the biennial meeting of the International Network for Doctoral Education in Nursing, Tokyo,

More information

Economic Development Strategic Plan Executive Summary Delta County, CO. Prepared By:

Economic Development Strategic Plan Executive Summary Delta County, CO. Prepared By: Economic Development Strategic Plan Executive Summary Delta County, CO Prepared By: 1 Introduction In 2015, Region 10, a 501(c)(3) Economic Development District that services six counties in western Colorado,

More information

Developing Clusters for Innovation, Growth, and Value infodev Global Forum on Innovation and Entrepreneurship Florianopolis, Brazil October 29, 2009

Developing Clusters for Innovation, Growth, and Value infodev Global Forum on Innovation and Entrepreneurship Florianopolis, Brazil October 29, 2009 Developing Clusters for Innovation, Growth, and Value infodev Global Forum on Innovation and Entrepreneurship Florianopolis, Brazil October 29, 2009 William F.Miller Co-director, Stanford Program on Regions

More information

Summary Observations. ParqueSoft Centers

Summary Observations. ParqueSoft Centers As in the other incubators examined, branding plays a key role. The Octantis name provides credibility and opens doors for the tenants. More than interviewed client suggested that the instant credibility

More information

BUILDING AND SUPPORTING A UNIVERSITY SPINOUT ECOSYSTEM

BUILDING AND SUPPORTING A UNIVERSITY SPINOUT ECOSYSTEM BUILDING AND SUPPORTING A UNIVERSITY SPINOUT ECOSYSTEM July 30-31, 2018 San Antonio, TX Support and assist faculty as they work to commercialize their research. OVERVIEW Learn how you can create a start-up

More information

Miramichi Regional Economic Development and Innovation Fund

Miramichi Regional Economic Development and Innovation Fund 1 Miramichi Regional Economic Development and Innovation Fund Regional Development Corporation Friday October 28, 2011 Miramichi, N.B. 2 Introduction Renewing the Economy of Northern New Brunswick Northern

More information

Kendall Corridor Development Miami, Florida

Kendall Corridor Development Miami, Florida Kendall Corridor Development Miami, Florida Kendall Corridor Development Summary At the heart of Miami Dade County s residential expansion zone, this ambitious project is divided into two phases. The North

More information

N E W B U I L D I N G S A T A U B U R N R E S E A R C H P A R K

N E W B U I L D I N G S A T A U B U R N R E S E A R C H P A R K N E W B U I L D I N G S A T The Auburn Research Park officially opened with the completion of its first building in September, 2008. Establishment of the park was the result of a partnership between the

More information

EBF Working Groups Report. Schleswig-Holstein, Hamburg and Baden-Württemberg November 12-18, 2017

EBF Working Groups Report. Schleswig-Holstein, Hamburg and Baden-Württemberg November 12-18, 2017 EBF Working Groups Report Schleswig-Holstein, Hamburg and Baden-Württemberg November 12-18, 2017 3 regions to visit and explore 7 days of meetings and discussions with local policy-makers, experts and

More information

Economic Impact of Hospitals and Health Systems in North Carolina. Stephanie McGarrah North Carolina Hospital Association August 2017

Economic Impact of Hospitals and Health Systems in North Carolina. Stephanie McGarrah North Carolina Hospital Association August 2017 Economic Impact of Hospitals and Health Systems in North Carolina Stephanie McGarrah North Carolina Hospital Association August 2017 Overview Health care industry in North Carolina Economic impact of North

More information

The Impact of DoD Contracting on Maryland s Economy. Michael Siers, Senior Economist Regional Economic Studies Institute

The Impact of DoD Contracting on Maryland s Economy. Michael Siers, Senior Economist Regional Economic Studies Institute The Impact of DoD Contracting on Maryland s Economy Michael Siers, Senior Economist Regional Economic Studies Institute msiers@towson.edu Project Overview In 2015, the Maryland Department of Commerce received

More information

Paper for the XXVI IASP World Conference on Science and Technology Parks

Paper for the XXVI IASP World Conference on Science and Technology Parks Paper for the XXVI IASP World Conference on Science and Technology Parks Title of the Paper: Session for which the Steering Committee has provisionally selected the abstract submitted prior to this paper:

More information

Business Incubation Models and Approaches in the Framework of Innovation Policy Advancing Innovation in ECA 2007 Regional Conference of ECAbit

Business Incubation Models and Approaches in the Framework of Innovation Policy Advancing Innovation in ECA 2007 Regional Conference of ECAbit Business Incubation Models and Approaches in the Framework of Innovation Policy Advancing Innovation in ECA 2007 Regional Conference of ECAbit Heinz Fiedler infodev Incubator Initiative MENA Region Facilitator

More information

The Future of Work Workplace Productivity

The Future of Work Workplace Productivity The Future of Work Workplace Productivity Panelists: Milton Jungman, Accenture Flavia Albieri, GSK Sergio Faria, HP Chaired by: Dinesh Acharya, Jones Lang LaSalle 73% of corporate real estate executives

More information

Metro Denver and Northern Colorado Key Industry Clusters Executive Summary

Metro Denver and Northern Colorado Key Industry Clusters Executive Summary Metro Denver and Northern Colorado Key Industry Clusters Executive Summary This study is based on the concept of industry clusters, which are geographic concentrations of interconnected companies and institutions

More information

DETAILED STRATEGIC PLAN

DETAILED STRATEGIC PLAN www.dcedc.org DETAILED STRATEGIC PLAN 421 N. California Street Suite 200 Sycamore, IL 60178 [phone] 815.895.2711 [fax] 815.895.8713 MISSION STATEMENT: DCEDC is a public/private partnership working to facilitate

More information

Innovation, Entrepreneurship and Rural Development: Some Key Themes

Innovation, Entrepreneurship and Rural Development: Some Key Themes Innovation, Entrepreneurship and Rural Development: Some Key Themes Professor David Smallbone Small Business Research Centre Kingston University Kingston upon Thames, UK INTRODUCTION Although innovation

More information

Science parks and innovation centres Making our case to government

Science parks and innovation centres Making our case to government Science parks and innovation centres Making our case to government Presentation to UKSPA Dublin meeting 11 th June 2015 Charles Monck & Associates Scope of presentation How can we demonstrate the contribution

More information

Project/Program Profile

Project/Program Profile Project/Program Profile Name: (BoLA) Organization: Little Tokyo Service Center Community Development Corporation (Little Tokyo Service Center CDC) Location of Project/Program: 237-249 S. Los Angeles Street,

More information

Lakes Region Planning Commission SWOT Analysis & Recommendations

Lakes Region Planning Commission SWOT Analysis & Recommendations Lakes Region Planning Commission SWOT Analysis & Recommendations The results of a SWOT survey administered to the CEDS Committee were presented to the Committee in late April, at which time they were discussed

More information

In 2012, educational institutions within the UNC system were tasked with

In 2012, educational institutions within the UNC system were tasked with Red Brief UNC Engagement Report 2015 NC State Engagement Metrics Summarized by the NC State University Office of Outreach & Engagement Executive Summary In 2012, educational institutions within the UNC

More information

SOURCE: SITE SELECTION, NOVEMBER 2015 #1 STATE FOR INCENTIVE PROGRAMS (TIED WITH SOUTH CAROLINA).

SOURCE: SITE SELECTION, NOVEMBER 2015 #1 STATE FOR INCENTIVE PROGRAMS (TIED WITH SOUTH CAROLINA). BUSINESS STATE FOR DOING BUSINESS. STATE FOR BUSINESS CLIMATE. STATE FOR INCENTIVE PROGRAMS (TIED WITH SOUTH CAROLINA). COOPERATIVE STATE GOVERNMENT (TIED WITH SOUTH CAROLINA). STATE FOR FAVORABLE REGULATORY

More information

U.S. Patents Awarded in 2005 Top 20 Universities

U.S. Patents Awarded in 2005 Top 20 Universities U.S. Awarded in 2005 1 California Institute of Technology 172 2 Massachusetts Institute of Technology 133 3 U. of Wisconsin at Madison 89 4 Johns Hopkins U. 81 5 U. of Michigan at Ann Arbor 80 6 U. of

More information

Building Partnerships: a Future for Morrisville. Council Member Michael Schlink District 1 September 27, 2012

Building Partnerships: a Future for Morrisville. Council Member Michael Schlink District 1 September 27, 2012 Building Partnerships: a Future for Morrisville Council Member Michael Schlink District 1 September 27, 2012 The Research Triangle Region (new signs around RDU) Embrace surrounding growth within our ability

More information

How Technology-Based Start-Ups Support U.S. Economic Growth

How Technology-Based Start-Ups Support U.S. Economic Growth How Technology-Based Start-Ups Support U.S. Economic Growth BY J. JOHN WU AND ROBERT D. ATKINSON NOVEMBER 2017 Policymakers should focus on spurring highgrowth, technologybased start-ups. These firms,

More information

Business Incubation. Entrepreneurship and Innovation

Business Incubation. Entrepreneurship and Innovation Business Incubation as a Tool for Promotion of Entrepreneurship and Innovation Advancing Innovation in ECA 2007 Regional Conference of ECAbit Yerevan, Armenia, September 17, 2007 Valerie D Costa, infodev

More information

The CEDS Action Plan Update for Creek County, Osage County and Tulsa County was adopted by the INCOG EDD Board on February 14, 2008.

The CEDS Action Plan Update for Creek County, Osage County and Tulsa County was adopted by the INCOG EDD Board on February 14, 2008. SUMMARY OF UPDATED INCOG EDD ACTION PLAN The CEDS Action Plan Update for Creek County, Osage County and Tulsa County was adopted by the INCOG EDD Board on February 14, 2008. SECTION I - REGIONAL VITALITY

More information

The tortoise, the hare and the hybrid: Regional effects of entrepreneurial apprenticeships

The tortoise, the hare and the hybrid: Regional effects of entrepreneurial apprenticeships The tortoise, the hare and the hybrid: Regional effects of entrepreneurial apprenticeships Mary Donegan, Maryann Feldman, Allison Forbes, Nichola Lowe University of North Carolina, Chapel Hill Larger question:

More information

Chapter 9: Economic Development

Chapter 9: Economic Development Chapter 9: Economic Development 9.0 Accomplishments Since 2007 As the economic driver for the State, New Castle County continues to review development regulations and offer additional incentives and enhancements

More information

USF Board of Trustees Finance & Audit Workgroup October 10, 2005

USF Board of Trustees Finance & Audit Workgroup October 10, 2005 Agenda item: USF Board of Trustees Finance & Audit Workgroup October 10, 2005 Issue: Memorandum of Understanding between University of South Florida Board of Trustees and University of South Florida Research

More information

Oregon New Markets Tax Credit Program

Oregon New Markets Tax Credit Program Oregon New Markets Tax Credit Program Craig Campbell, on behalf of the Oregon Coalition for Capital 503-315-1411 Reynold Roeder, Roeder & Company, LLC 503-641-5457 Sara Pietka, Roeder & Company, LLC 503-941-5466

More information

STATE ENTREPRENEURSHIP INDEX

STATE ENTREPRENEURSHIP INDEX University of Nebraska - Lincoln DigitalCommons@University of Nebraska - Lincoln Business in Nebraska Bureau of Business Research 12-2013 STATE ENTREPRENEURSHIP INDEX Eric Thompson University of Nebraska-Lincoln,

More information

ARLINGTON programs and incentives

ARLINGTON programs and incentives ARLINGTON programs and incentives Arlington Economic Development is committed to attracting and retaining high-quality businesses of all shapes and sizes. When it comes to assisting businesses, we don

More information

CHAPTER 2 TECHNOLOGY BUSINESS INCUBATORS GLOBAL SCENARIO

CHAPTER 2 TECHNOLOGY BUSINESS INCUBATORS GLOBAL SCENARIO 22 CHAPTER 2 TECHNOLOGY BUSINESS INCUBATORS GLOBAL SCENARIO The business incubators were first established in United States of America during late 1970s. Growth accelerated in 1970s and 1980s largely as

More information

DOMINION RESOURCES GREENTECH INCUBATOR

DOMINION RESOURCES GREENTECH INCUBATOR DOMINION RESOURCES GREENTECH INCUBATOR VACo ACHIEVEMENT AWARD APPLICATION PROGRAM CATEGORY: Economic Development POPULATION CATEGORY: 50,001-100,000 May 2010 Page 1 1. Abstract of the Program Hanover County

More information

Philanthropy Journal: Your Online Source for Nonprofit News. Advisers focus on donor values

Philanthropy Journal: Your Online Source for Nonprofit News. Advisers focus on donor values Page 1 of 9 6/25/2002 a publication of the A.J. Fletcher Foundation Advisers focus on donor values 6/19/2002 Call us 1-800-853-0801 customerservice www.philanthropyjournal.org Professionals talking to

More information

Entreneurship, Training and Linkages With Educational Institutions

Entreneurship, Training and Linkages With Educational Institutions Entreneurship, Training and Linkages With Educational Institutions 2 nd Global Forum on Business Incubation, Hyderabad, India, November 2006 Richard White Manager Incubator Development Natural Characteristics

More information

Economic Development and The Role of Clusters: Implications for Policy

Economic Development and The Role of Clusters: Implications for Policy Economic Development and The Role of Clusters: Implications for Policy David A. Wolfe, Ph.D. Program on Globalization and Regional Innovation Systems Munk School of Global Affairs University of Toronto

More information

Core Mission. Vision. Strategic Initiatives. Priorities. By The Numbers

Core Mission. Vision. Strategic Initiatives. Priorities. By The Numbers Core Mission Vision Priorities Strategic Initiatives By The Numbers University City By the Numbers University City is Charlotte s 2 nd largest employment center. Employment has continued to grow with headquarter

More information

EXECUTIVE SUMMARY THE ECONOMIC IMPORTANCE OF THE ARTS & CULTURAL INDUSTRIES IN SANTA FE COUNTY

EXECUTIVE SUMMARY THE ECONOMIC IMPORTANCE OF THE ARTS & CULTURAL INDUSTRIES IN SANTA FE COUNTY EXECUTIVE SUMMARY THE ECONOMIC IMPORTANCE OF THE ARTS & CULTURAL INDUSTRIES IN SANTA FE COUNTY Financial support for this research was provided by The McCune Charitable Foundation The Azalea Foundation

More information

Request for Proposals (RFP) For Restaurant Consulting Services 1657 Ocean Avenue

Request for Proposals (RFP) For Restaurant Consulting Services 1657 Ocean Avenue Request for Proposals (RFP) For Restaurant Consulting Services 1657 Ocean Avenue The City of Santa Monica (City) Housing and Economic Development Department is soliciting this Request for Proposals from

More information

LONDON THE WAY FORWARD

LONDON THE WAY FORWARD LONDON THE WAY FORWARD INTRODUCTION London is both Europe s pre-eminent business hub and its leading global financial centre. Over the past decade the city s many strengths have supported exceptionally

More information

CITY OF WELLAND NIAGARA GATEWAY ECONOMIC ZONE AND CENTRE COMMUNITY IMPROVEMENT PLAN

CITY OF WELLAND NIAGARA GATEWAY ECONOMIC ZONE AND CENTRE COMMUNITY IMPROVEMENT PLAN CITY OF WELLAND NIAGARA GATEWAY ECONOMIC ZONE AND CENTRE COMMUNITY IMPROVEMENT PLAN February 2014 Niagara Gateway Economic Zone and Centre Table of Contents Page 1.0 Introduction 1 1.1 Background 1 1.2

More information

INCUBATORS - A NEW EXPERIMENT IN SMALL BUSINESS DEVELOPMENT

INCUBATORS - A NEW EXPERIMENT IN SMALL BUSINESS DEVELOPMENT Incubators A New Experiment in Small Business Development This is an article published in 1991 in the Indian Manager, (Journal of the School Management Studies, Cochin University of Science and Technology,

More information

Collaborations with UNC

Collaborations with UNC NORTH CAROLINA DEPARTMENT OF COMMERCE Collaborations with UNC UNC Sponsored Programs & Research Council (SPARC) Meeting: September 19, 2016 Who You Gonna Call? 1989 2016 Cecilia Holden Chief of Staff Who

More information

May 25, Prosperity and Growth Strategy for Northern Ontario

May 25, Prosperity and Growth Strategy for Northern Ontario May 25, 2017 Prosperity and Growth Strategy for Northern Ontario Content 1. Introduction....3 2. Northern Ontario Overview.... 4 3. Economic Overview..... 5 4. Challenges.....7 5. Opportunities for Growth

More information

SHASTA EDC BUSINESS PLAN

SHASTA EDC BUSINESS PLAN SHASTA EDC BUSINESS PLAN 2016-2017 TABLE OF CONTENTS Vision, Mission, Principles & Values 3 Responsibilities & Focus 4 Company Recruitment 5-7 Business Expansion & Retention 8 Entrepreneurial Development

More information

The New Carolina Initiative

The New Carolina Initiative The New Carolina Initiative Professor Michael E. Porter Harvard Business School New Carolina Annual Celebration September 22, 2011 For further material on regional competitiveness and clusters: www.isc.hbs.edu/econ-clusters.htm

More information

Clustering: A Contact Sport

Clustering: A Contact Sport RE$EARCH MONEY Conference Technology Clusters: By Accident or Design? Clustering: A Contact Sport Presented by: Roger Voyer Senior Associate, The Impact Group February 19 th, 2003 Knowledge-Based Industrial

More information

Greater Reno-Sparks-Tahoe Economic Development Three-Year Strategic Plan

Greater Reno-Sparks-Tahoe Economic Development Three-Year Strategic Plan Greater Reno-Sparks-Tahoe Economic Development Three-Year Strategic Plan 4.26.12 TABLE OF CONTENTS INTRODUCTION...3 COMMUNITY ASSESSMENT...5 TARGET SECTORS...7 STRATEGIES & METRICS...9 Entrepreneurial

More information

City of Tacoma Community & Economic Development Department Business Plan: Prosperity on Purpose for the City of Destiny*

City of Tacoma Community & Economic Development Department Business Plan: Prosperity on Purpose for the City of Destiny* City of Tacoma Community & Economic Development Department Business Plan: Prosperity on Purpose for the City of Destiny* City Vision The City of Tacoma will be recognized as a livable and progressive international

More information

ECONOMIC DIVERSIFICATION HOW COMMUNITY COLLEGES PARTNER WITH ECONOMIC DEVELOPMENT ORGANIZATIONS

ECONOMIC DIVERSIFICATION HOW COMMUNITY COLLEGES PARTNER WITH ECONOMIC DEVELOPMENT ORGANIZATIONS ECONOMIC DIVERSIFICATION HOW COMMUNITY COLLEGES PARTNER WITH ECONOMIC DEVELOPMENT ORGANIZATIONS BY THE INTERNATIONAL ECONOMIC DEVELOPMENT COUNCIL & THE AMERICAN ASSOCIATION OF COMMUNITY COLLEGES November

More information

International Trade Division Overview North Carolina Department of Commerce

International Trade Division Overview North Carolina Department of Commerce International Trade Division Overview North Carolina Department of Commerce The Importance Of NC Exports A total of 8,055 companies exported from North Carolina locations in 2011 Exports support 347,000

More information

Building Effective Startup Ecosystems. Presented by: Tim Rowe February 16, 2017

Building Effective Startup Ecosystems. Presented by: Tim Rowe February 16, 2017 Building Effective Startup Ecosystems Presented by: Tim Rowe February 16, 2017 WHAT IS INNOVATION, REALLY? Not innovation: water bicycle Never employed by society Real innovation: hybrid electric engine

More information

ECONOMIC DEVELOPMENT STRATEGIC PLAN. Adopted by the Riverbank City Council March 2011

ECONOMIC DEVELOPMENT STRATEGIC PLAN. Adopted by the Riverbank City Council March 2011 ECONOMIC DEVELOPMENT STRATEGIC PLAN Adopted by the Riverbank City Council March 2011 INTRODUCTION Economic development is a priority for Riverbank citizens and decision makers alike. The City wishes to

More information

Reshoring: A Manufacturing Strategic Perspective. Presented by Jay C. Moon CEcD, FM Mississippi Manufacturers Association

Reshoring: A Manufacturing Strategic Perspective. Presented by Jay C. Moon CEcD, FM Mississippi Manufacturers Association Reshoring: A Manufacturing Strategic Perspective Presented by Jay C. Moon CEcD, FM Mississippi Manufacturers Association 4 1979 Fortune 500: Top 25 1. General Motors 2. Exxon 3. Ford 4. Mobil 5. Texaco

More information

THE COMMUNITY COLLEGE S ROLE IN BUSINESS INCUBATION

THE COMMUNITY COLLEGE S ROLE IN BUSINESS INCUBATION THE COMMUNITY COLLEGE S ROLE IN BUSINESS INCUBATION MAKE RELATIONSHIP PRODUCTIVE ANTICIPATE THE CONSTRAINTS CAPITALIZE ON THE SUCCESSES THE INCUBATION INDUSTRY 1958 IN BATAVIA, NY 1500 U.S. INCUBATORS

More information

Florida s Financially-Based Economic Development Tools & Return on Investment

Florida s Financially-Based Economic Development Tools & Return on Investment Florida s Financially-Based Economic Development Tools & Return on Investment January 11, 2017 Presented by: The Florida Legislature Office of Economic and Demographic Research 850.487.1402 http://edr.state.fl.us

More information

Universities and EDOs

Universities and EDOs Universities and EDOs Working together for Economic Development Greg King greg.king@gatech.edu 478.471.5398 Agenda Why Work with A University? Describe the Evolving University Context and Missions Roles

More information

The Loop Media Hub. Gigabit Economic Development Impact Statement. Prepared for: The Loop Media Hub Feasability Study. June 27, 2012.

The Loop Media Hub. Gigabit Economic Development Impact Statement. Prepared for: The Loop Media Hub Feasability Study. June 27, 2012. Sandel & Associates The Loop Media Hub Gigabit Economic Development Impact Statement Prepared for: The Loop Media Hub Feasability Study June 27, 2012 Prepared by: Special Advisor Pat McKeehan 6900 Delmar

More information

Verde Valley Economic Development Strategy. Prepared for VVREO April 6, 2018

Verde Valley Economic Development Strategy. Prepared for VVREO April 6, 2018 Verde Valley Economic Development Strategy Prepared for VVREO April 6, 2018 How it all came together Working Group Regional Input Market Assessment o o o Questionnaire Stakeholder interviews Economic Development

More information

Florida Job Growth Grant Fund Public Infrastructure Grant Proposal

Florida Job Growth Grant Fund Public Infrastructure Grant Proposal Florida Job Growth Grant Fund Public Infrastructure Grant Proposal Proposal Instructions: The Florida Job Growth Grant Fund Proposal (this document) must be completed by the governmental entity applying

More information

THE ECONOMIC IMPACT OF $1.4 BILLION OF UNIVERSITY CONSTRUCTION PROJECTS ON THE STATE OF ARIZONA

THE ECONOMIC IMPACT OF $1.4 BILLION OF UNIVERSITY CONSTRUCTION PROJECTS ON THE STATE OF ARIZONA THE ECONOMIC IMPACT OF $1.4 BILLION OF UNIVERSITY CONSTRUCTION PROJECTS ON THE STATE OF ARIZONA 0BA Report from the Office of the University Economist 1BJune 2008 Dennis Hoffman, Ph.D. Professor of Economics,

More information

NREL Presentation. Green Talent and Economic Development June 23, 2009

NREL Presentation. Green Talent and Economic Development June 23, 2009 NREL Presentation Green Talent and Economic Development June 23, 2009 Metro Denver EDC Regional Economic Development Umbrella organization covering 9 county region Driven by a Code of Ethics Research Based

More information

Russia s National System of Innovation: strengths and weaknesses Studying the business sector of Russia s NSI

Russia s National System of Innovation: strengths and weaknesses Studying the business sector of Russia s NSI Russia s National System of Innovation: strengths and weaknesses Studying the business sector of Russia s NSI Tatiana Khvatova St.Petersburg State Polytechnic University 2008 Russia s NSI indicators 2007

More information

Vision. 7 Business and Economics. Introduction. Statement

Vision. 7 Business and Economics. Introduction. Statement 7 Business and Economics Vision Statement Palo Alto s business environment will be exciting, dynamic and vital. Businesses will have access to a wide array of support services and will enjoy positive relationships

More information

SILICON VALLEY COMMERICAL SPACE

SILICON VALLEY COMMERICAL SPACE Quarterly Report SILICON VALLEY COMMERICAL SPACE 2017 SILICON VALLEY INSTITUTE for REGIONAL STUDIES This report is released on a quarterly basis by the Silicon Valley Institute for Regional Studies, in

More information

Building our future, together. Steering Committee Presentation for the Comprehensive Plan Update November 12, 2013

Building our future, together. Steering Committee Presentation for the Comprehensive Plan Update November 12, 2013 Building our future, together Steering Committee Presentation for the Comprehensive Plan Update November 12, 2013 Introduction Welcome: Mayor Barbara Bass Prayer Business and Economy Update Susan Guthrie,

More information

Lift and Shift?: Offshoring Service Provision to India*

Lift and Shift?: Offshoring Service Provision to India* Lift and Shift?: Offshoring Service Provision to India* Rafiq Dossani Stanford University & Martin Kenney University of California, Davis & Berkeley Roundtable on the International Economy *Research funded

More information

A Profile of the Mississauga Information and Communications Technologies Sector. focus

A Profile of the Mississauga Information and Communications Technologies Sector. focus A Profile of the Mississauga Information and Communications Technologies Sector focus Accelerating Technology In a knowledge-based economy, the links between economic success and education are integral.

More information

Survival Rates of Rural Businesses: What the Evidence Tells Us

Survival Rates of Rural Businesses: What the Evidence Tells Us 4th Quarter 2016 31(4) Survival Rates of Rural Businesses: What the Evidence Tells Us Steven Deller and Tessa Conroy JEL Classifications: R11, O18, M21 Keywords: Business Survival, Economic Development

More information

Innovation and Entrepreneurship. Thomas O Neal Associate Vice President Office of Research and Commercialization University of Central Florida

Innovation and Entrepreneurship. Thomas O Neal Associate Vice President Office of Research and Commercialization University of Central Florida Innovation and Entrepreneurship Thomas O Neal Associate Vice President Office of Research and Commercialization University of Central Florida About UCF Second largest university in the nation 60,000 students

More information

Innovative and Vital Business City

Innovative and Vital Business City Innovative and Vital Business City An Innovative City means promoting Melbourne as a smart, creative and progressive city. Innovation is critical to the continued development and prosperity of the City.

More information

CEDS ADVISORY COMMITTEE SWOT FOUR PRIORITY GOALS WORKFORCE & EDUCATION

CEDS ADVISORY COMMITTEE SWOT FOUR PRIORITY GOALS WORKFORCE & EDUCATION CEDS ADVISORY COMMITTEE SWOT FOUR PRIORITY GOALS WORKFORCE & EDUCATION Large, educated and growing young professional population UNC Charlotte, strong technical institutes and private colleges Strong community

More information

NW ORLANDO INDUSTRIAL 45 ACRES

NW ORLANDO INDUSTRIAL 45 ACRES NW ORLANDO INDUSTRIAL 45 ACRES OFFERING MEMORANDUM Presented by: Trevor Hall, Jr. Director, Land Services Colliers International Dustin Bowersett Associate, Land Services Colliers International Richard

More information

Introduction to Telework Will It Work for You?

Introduction to Telework Will It Work for You? Introduction to Telework Will It Work for You? Eddie Caine September 15, 2009 Telework Program Benefits & Purpose Telework: Moving the work to the worker instead of the worker to the work. Agriculture

More information

STATE AND REGIONAL DEVELOPMENT STRATEGY East Central Region BACKGROUND THE REGION

STATE AND REGIONAL DEVELOPMENT STRATEGY East Central Region BACKGROUND THE REGION BACKGROUND STATE AND REGIONAL DEVELOPMENT STRATEGY East Central Region Since 1999, the Illinois Department of Commerce and Economic Opportunity (formerly The Illinois Department of Commerce and Community

More information

Submitted by: Sage Policy Group, Inc. On behalf of:

Submitted by: Sage Policy Group, Inc. On behalf of: bwtech@umbc: Impacts and Opportunities Submitted by: Sage Policy Group, Inc. On behalf of: bwtech@umbc August 2014 Executive Summary bwtech@umbc is the umbrella organization for a continuum of complementary

More information

Premium Office & Retail Units FOR SALE OR LEASE

Premium Office & Retail Units FOR SALE OR LEASE Premium Office & Retail Units FOR SALE OR LEASE A New Way to INNOVATE City Centre 3 (CC3) at 9620 137A Street is the newest development project located in Surrey City Centre s Health & Technology District.

More information

Smart Specialisation in the Region of Attica

Smart Specialisation in the Region of Attica Logo area Smart Specialisation in the Region of Attica Intermediate Authority of Attica Region WIRE2014 / 12-06-2014 The producer of 45% of the National GDP ATTICA IS A METROPOLITAN AREA Geopolitically

More information

THE ENTREPRENEURIAL PUZZLE CONNECTING THE DOTS - EXTERNALLY AND INTERNALLY NACCE 2014 PRESENTATION COVER SHEET

THE ENTREPRENEURIAL PUZZLE CONNECTING THE DOTS - EXTERNALLY AND INTERNALLY NACCE 2014 PRESENTATION COVER SHEET THE ENTREPRENEURIAL PUZZLE CONNECTING THE DOTS - EXTERNALLY AND INTERNALLY NACCE 2014 PRESENTATION COVER SHEET Marilyn McDonald Strategic Business Development Officer Asheville-Buncombe Technical Community

More information

Greater Norwich Development Partnership Greater Norwich Employment Growth Study Summary of Recommendations

Greater Norwich Development Partnership Greater Norwich Employment Growth Study Summary of Recommendations Greater Norwich Development Partnership Greater Norwich Employment Growth Study Summary of Recommendations Greater Norwich Development Partnership Greater Norwich Employment Growth & Sites and Premises

More information

Regional Economic Impact Study of UCF s Business

Regional Economic Impact Study of UCF s Business Regional Economic Impact Study of UCF s Business Incubation Program January 2012 Prepared for the Florida High Tech Corridor Council WHOwen Consulting Orlando, Florida TECHNICAL REPORT 2011 UPDATE TO:

More information

Florida Job Growth Grant Fund Public Infrastructure Grant Proposal

Florida Job Growth Grant Fund Public Infrastructure Grant Proposal Florida Job Growth Grant Fund Public Infrastructure Grant Proposal Proposal Instructions: The Florida Job Growth Grant Fund Proposal (this document) must be completed by the governmental entity applying

More information

SWOT Analysis. North Aegean Region

SWOT Analysis. North Aegean Region SWOT Analysis North Aegean Region 1 Table of Contents 1. Introduction...2 2. Objectives and priorities of the region...3 3. Profile of the region...4 a. Industrial profile...5 4. Reference regions...6

More information

Business Globalization

Business Globalization EMC 2 Global Innovation Conference Santa Clara, CA, October 31, 2012 Business Globalization and the Importance of Entrepreneurial Innovation Richard B. Dasher, Ph.D. Director, US-Asia Technology Management

More information

SILVERTHORNE COMPREHENSIVE PLAN APPENDIX A - ECONOMIC DEVELOPMENT ELEMENT

SILVERTHORNE COMPREHENSIVE PLAN APPENDIX A - ECONOMIC DEVELOPMENT ELEMENT SILVERTHORNE COMPREHENSIVE PLAN APPENDIX A - ECONOMIC DEVELOPMENT ELEMENT INTRODUCTION The ability to provide quality municipal services and infrastructure to the Silverthorne community is directly related

More information

205 CMR: MASSACHUSETTS GAMING COMMISSION

205 CMR: MASSACHUSETTS GAMING COMMISSION 205 CMR 119.00: PHASE 2 APPLICATION Section 119.01: Contents of the Application 119.02: Completing the Application 119.03: Evaluation of the Application by the Commission 119.01: Contents of the Application

More information

ARKANSAS RESEARCH AND TECHNOLOGY PARK: A STRATEGIC ANALYSIS

ARKANSAS RESEARCH AND TECHNOLOGY PARK: A STRATEGIC ANALYSIS ARKANSAS RESEARCH AND TECHNOLOGY PARK: A STRATEGIC ANALYSIS Center for Business and Economic Research RCED 217 Sam M. Walton College of Business 1 University of Arkansas Fayetteville, AR 72701 http://www.uark.edu/depts/cberinfo

More information

Unlocking Rural Innovation in the North East of England: The Role of Innovation Connectors

Unlocking Rural Innovation in the North East of England: The Role of Innovation Connectors Unlocking Rural Innovation in the North East of England: The Role of Innovation Connectors Carmen Hubbard, Newcastle University & Jane Atterton, Scottish Agricultural College, UK OECD Rural Conference,

More information