Thesis on economic development

The thesis statement examples compiled below will give you an idea on how to draft a thesis statement for your research paper or essay.

Thesis on economic development

Importance of Place still Relevant to Business Success Although industry clustering may not be the economic development "Holy Grail", an effective clustering strategy is still a proven recipe for success Hal Johnson, President and CEO, Upstate SC Alliance November It may seem hard to believe in this age of the Internet and virtual reality, but anything can't be anywhere.

Despite the emergence of a global economy, regional and statewide economic initiatives based on industry clustering have taken hold, proving the importance of place as a trigger for bolstering economic development and business success.

Porter found that location characteristics play an important role in the success of a region's industries.

Thesis on economic development

Porter wrote that implementing a targeted approach of industry clusters could help firms achieve a competitive advantage by promoting their common interests. And while the strategy has produced mixed results, it remains Thesis on economic development well-established model for economic development and business attraction.

Given the economic challenges presented by the past few years, though, two distinct schools of thought have emerged with regard to industry clustering: An op-ed in The Washington Post this summer challenged the effectiveness of industry clustering - "Industry Clusters: The author, Vivek Wadhwa, an executive in residence and adjunct professor for the Pratt School of Engineering at Duke University, cited a Norwegian study that suggested clusters like Raleigh's Research Triangle Park are "irrelevant for innovation," arguing that what's missing is Thesis on economic development who have the motivation and ability to start ventures.

Basic infrastructure is always needed for regional economic development success, Wadhwa noted, but fancy science parks and big industry are just nice to have. As early as the time of Plato's writing of The Republic in B. More recently, Porter laid down the gauntlet challenging economic development professionals to analyze what is driving their local economies and identify the resources giving them a competitive advantage.

The old adage "success breeds success" is at the heart of any region's cluster strategy. Proximity Matters Sixty percent of the respondents to Area Development's Corporate Survey said the presence of activities similar to theirs was a consideration when selecting a site.

More recently, a Brookings Institution report showed that "strong clusters foster innovation through dense knowledge flows and spillovers; strengthen entrepreneurship by boosting new enterprise formation and start-up survival; enhance productivity, income levels, and employment growth in industries; and positively influence regional economic performance.

Thesis on economic development

It's not enough for economic development organizations to simply create fancy industrial parks and state-of-the-art buildings and expect new companies to line up at the doorstep.

That's why, in recent years, more and more states and regions have been tailoring training, education, and incentive programs that build on existing clusters or foster the development of new ones in order to thrive in the "next economy.

But economic development officials on the Space Coast believe industry clusters will help launch a new economy there. It challenged the state to reshape its approach to economic development. The analysis, for which Porter served as a senior advisor, asserted clusters must be grown and nurtured through increased productivity and efficiency, more innovation, and greater entrepreneurship.

Example South Carolina's fast-growing automotive cluster is made up of manufacturers, suppliers, related companies, and their thousands of employees in the Upstate region - which straddles the I corridor between Atlanta and Charlotte in the northwest corner of the state.

But for a cluster to sustain its competitive advantage, pure manufacturing prowess isn't enough. Research, innovation, and technological advancement are necessary to sustain a long-term advantage, according to a study published in January by the Moore School of Business at the University of South Carolina.

Additionally, New Carolina - South Carolina's public-private partnership - is working to increase the state's economic competitiveness through a cluster development strategy.

Financial development and economic growth: Some theory and more evidence - ScienceDirect

The partnership has established 15 cluster committees and counts more than 1, state leaders from the business, nonprofit, and government sectors as volunteers. Porter recently cited the organization's successes thus far in recruiting companies and suppliers to the state, along with three federal grants from the Small Business Administration and the Economic Development Administration to continue those efforts.

Last month the U. It will help promote development in areas such as advanced manufacturing, information technology, aerospace, and clean technology in rural and urban regions spanning 21 states, including projects like Minnesota's mining cluster, the renewable energy cluster in New York's Hudson Valley, and Atlanta's health information technology cluster.

The Washington Post op-ed authored by Wadhwa mocked industry clusters as the "holy grail," but the results are not as elusive as he suggests.

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In an age where global competition for jobs and economic investment is unprecedented, there is plenty of evidence to suggest that implementing an effective cluster strategy - investing in work force training, education, and technology that allows companies to grow and then, in turn, invest back into the community that helps make them so successful - is a proven recipe for success.

Prior to his appointment, Johnson served nearly six years as executive director of the Orangeburg County Development Commission. He currently is serving on the board of directors for the Southern Economic Development Council.Abstracts Social Work Thesis Research Graduate School of Social Work, Addis Ababa University July – 1st MSW Graduating Class To obtain further information, contact [email protected] A solid thesis statement will always be the heart of your essay -- learn how to write an effective thesis statement with these tips and examples.

"The Informational City is a major achievement, a realtour-de-force. Although many other social scientists have beengroping their way towards an understanding of the new economy andsociety, Castells has leap-frogged them all to produce thedefinitive analysis that will surely stand for years to come.".

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The imposition of colonialism on Africa altered its history forever. African nl0des of thought, patterns of cultural development, and ways of life. Kate Donald, Director, Human Rights in Sustainable Development Program [email protected] Kate Donald joined CESR in Previously, Kate worked as Adviser to the UN Special Rapporteur on Extreme Poverty and Human Rights (Magdalena Sepúlveda), examining the impact of public policies and development initiatives on the rights of people living in poverty.

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