"brainpower"-based economic development stategies
Post on 14-Sep-2014
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DESCRIPTION
A few slides presented at the Spring Conference of the Indiana Economic Development Association. They followed a presentation on occupational data and focused on how knowing about a region's "brainpower" can help inform its economic development strategies.TRANSCRIPT
“Brainpower”-Based Economic Development Strategies
2014 IEDA Spring Conference - Indianapolis
Scott Hutcheson, Ph.D.Purdue Center for Regional Development
Purdue Extension
OccupationsWorkforce
Human CapitalTalentSkills
OccupationsWorkforce
Human CapitalTalentSkills
PreschoolK-12
Com. CollegeUniversity
LLL
Brainpower
OccupationsWorkforce
Human CapitalTalentSkills
PreschoolK-12
Com. CollegeUniversity
LLL
CollaborativeLeadership
Kokomo’s “Brainpower” Economic Development Strategy
Kokomo’s “Brainpower” Economic Development Strategy
http://www.youtube.com/watch?v=vI9LpKVQEs4
Your “Brainpower” Economic Development Strategy
1. Identify & leverage your unique brainpower
CollaborativeLeadership
Your “Brainpower” Economic Development Strategy
1. Identify & leverage your unique brainpower
2. Translate that brainpower into innovation and productivity in the marketplace
CollaborativeLeadership
Your “Brainpower” Economic Development Strategy
1. Identify & leverage your unique brainpower
2. Translate brainpower into innovation and productivity in the marketplace
3. Develop quality connected places where brainpower networks can develop
CollaborativeLeadership
Your “Brainpower” Economic Development Strategy
1. Identify & leverage your unique brainpower
2. Translate brainpower into innovation and productivity in the marketplace
3. Develop quality connected places where brainpower networks can develop
4. Create an exciting new narrative that attracts new brainpower
CollaborativeLeadership
Your “Brainpower” Economic Development Strategy
1. Identify & leverage your unique brainpower
2. Translate brainpower into innovation and productivity in the marketplace
3. Develop quality connected places where brainpower networks can develop
4. Create an exciting new narrative that attracts new brainpower
5. …repeat
CollaborativeLeadership
References
Barro, R. J., Caselli, F., & Lee, J. W. (2013). Symposium on human capital and economic development: an introduction. Journal of development economics, 104, 181-183.
Gennaioli, N., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A. (2013). Human capital and regional development. The Quarterly Journal of Economics, 128(1), 105-164.
Hutcheson, S. (2008). ED 2.0: Innovation-based Revitalization Efforts. Illinois Institute for Rural Affairs.
Merkel, B. (2010). COINS: An economic development tool for education, economic and workforce development in Open Source Economic Development. Procedia-Social and Behavioral Sciences, 2(4), 6516-6531.
Morrison, Ed. The New Opportunities for Rural Development. Illinois Institute for Rural Affairs, 2007.