Before-after Advantage Analysis Ekonomi Pembangunan
The Innovation Corridor is a regional economical development concept that leverages the innovation and placemaking avails within a 100-mile radius of an established, high-performing innovation hub—the Research Triangle Park and surrounding metro areas. The blueprint assesses how to generate college-wage job opportunities and more than equitable economic growth across a larger region in the coming decades.
To identify the blueprint in the current socio-economic climate, RTI developed an addendum that includes 12 research briefs on issues related to economical growth and recovery in the era after COVID-nineteen. The annex is intended to help planners, policy makers, and other key stakeholders better address the challenges of uneven growth and social and economic inequality as they position wider geographic regions for economic development.
Innovation is a big driver of economic development, creating high-wage jobs and igniting loftier-growth industries. But the benefits of this kind of economic growth tend to be highly concentrated in select cities and within sure kinds of chore types. This design of deviation accelerated in the U.South. after the 2008 financial crunch and Great Recession where top-performing metro areas led rapid high-tech job and income growth and other cities and towns fell into decline. These resulting trends are defined past terms such as “winner accept all,” “superstar metro areas,” or “knowledge-based affluence.” Since March 2020, the COVID-19 pandemic and ensuing economic crunch take deeply exposed this dissever: knowledge workers with potent digital infrastructure and internet admission are working safely from their homes, while workers in many industries risk job loss or illness.
N Carolina is no exception to this phenomenon. Before COVID-19, the Raleigh–Durham–Chapel Hill area thrived as a cognition economy, and Charlotte has grown as a financial center, but much of the balance of the state has seen brackish or negative growth. The disruptions resulting from COVID-xix have magnified these disparities with business closures, chore losses, lack of access to digital infrastructure, and resulting housing, health, and food insecurity. The desire to foster more balanced growth beyond and inside communities is no longer a goal to pursue but an obligation to fulfill. Every bit we mobilize to address the firsthand social and economic needs resulting from the pandemic, it is also fourth dimension to rethink and elevate the role of regional economic evolution and planning to ensure that a hereafter roadmap provides more than equitable access and economic opportunity.
After examining the proposed Corridor in iv phases, both qualitative and quantitative, we propose a form of activity that uses innovation ecosystem approach to encourage more collaboration across regions and sectors and uses targeted manufacture clusters every bit a driving force behind a regional vision. Nosotros and then identified 12 outcome areas of most importance for policymakers and planners to business relationship for when crafting strategies to realize the goal of more broad-based development and industry cluster growth in this study area during a COVID-19 recovery.
Our blueprint offers ideas for investing in people, places, and industry clusters that tin can help propel the wider region into the global ranks of acme places to live, piece of work, introduce, and thrive.
The region has an abundance of universities and colleges, a well-educated and trained talent pool, many startup and innovation support entities, and communities with a strong sense of place. Still, leaders will have to incorporate ways to tackle problems such as lack of economical mobility, affordable housing, and accessible effective public transportation.
Nosotros identified four industry clusters that concur promise for long-term sustained growth in Northward Carolina: agricultural engineering, biohealth, power electronics for transportation, and defense technology.
It’s important to focus on industry clusters because they provide a logical way to encourage collaboration upward and downwardly the value concatenation and to leverage assets across the Corridor for broad-based growth and development. Edifice stronger manufacture clusters can positively affect businesses in associated supply chains, entrepreneurs, researchers, and inventors across the region.
Business and industry alone, however, cannot acquit a region through new stages of transformative growth.
People are the creators and drivers of innovation.
Thou–12 instruction is the boulder of building a man capital letter base to provide a pipeline for future talent and is a critical chemical element of alluring and retaining companies in the area. Developing and retaining tech talent volition be important for the region’s success. Placemaking and investments that contain the arts, protect natural assets, and accentuate shared local histories create environments that intrinsically attract talent and businesses to an area.
Among our many findings was the need for a unified vision for innovation-driven economic growth. It will be of import to identify entities to coordinate selected initiatives to help build more robust networks beyond the region and to ensure that efforts are integrated for maximum touch. Additionally, media outlets and others tin piece of work to better share the successes of all of those involved.
In the Era of COVID-19
COVID-19 and its resulting disruptions on our economy and society make the demand for a clear cohesive regional strategy even more than pronounced. Nosotros ask the following 12 policy questions of import for regional economic evolution and provide insights on how to best programme for growth given the new normal of working, living, and learning.
|Topic||Question of Focus|
|Workforce and Unemployment||What are the short- and long-term workforce and employment implications of COVID-19 and the ensuing economic disruption on N Carolina and the Innovation Corridor region?|
|Digital Infrastructure||What affect are the COVID-xix pandemic and associated economic crisis having on digital infrastructure beyond the Corridor?|
|Affordable Housing||How tin the state and cities stabilize housing and expand affordable options in the future?|
|Equitable Economic Development and Systemic Racism||What explicit actions tin economic developers take to further equity and dismantle systemic racism?|
|Placemaking and Migration||How will cities and towns adapt and evolve as a result of the disruptions to how we interact in spaces in which we live, work, learn, socialize, and recreate? Volition people move from city centers to suburban and rural communities in large numbers?|
|Company Innovation||What are the key practices companies tend to embrace when innovating, and how will the new stress on small companies potentially change large companies’ admission to innovation in the Corridor region?|
|Supply Chain Disruption||How might supply chain disruption bear on economic evolution in the Innovation Corridor?|
|Minor and Medium-Sized Enterprises||What are the longer-term implications of the furnishings of COVID-xix on small and medium-sized enterprises in the Corridor?|
|Agronomical Technology||How can the ag-tech industry pivot to new models and leverage new engineering science to build resiliency and reorient the food supply chain?|
|Biohealth Technology||What does the surge in demand for medical devices, pharmaceuticals, vaccines, and related elements of biohealth imply for the future of the biohealth technology manufacture cluster in the Corridor?|
|Power Electronics for Transportation||How do recent disruptions affect the prospects for the power electronics for transportation industry cluster in the Corridor?|
|Defense force Innovation||How do new demands to protect national security from wellness and cyber disruptions touch the defense innovation industry cluster?|
Want to learn more?
To learn more most our piece of work in economic development, put together an action programme for growth in your areas, or to go far touch with our experts, delight contact usa.
Before-after Advantage Analysis Ekonomi Pembangunan