click icon to add picture eda know your region webinar series in partnership with the nado research...
TRANSCRIPT
Click icon to add picture
EDA KNOW YOUR REGION WEBINAR SERIES
IN PARTNERSHIP WITH THE NADO RESEARCH FOUNDATION
MARCH 14, 2012
Utilizing EDA Data Tools in Your CEDS
Using EDA Data Tools
Timothy F. SlaperIndiana Business Research CenterKelley School of Business
Indiana University
The Regional Data Toolkit
3
• Innovation Tools
– Occupation & Industry Clusters
– Innovation Index
• Measuring Distress
• Retrieving Economic and Demographic Data
Data tools have much in common
• Powered by the IBRC database with 1 billion plus records (and growing)
• Easy-to-use• At a price you can afford—free!• Build you own region capability• Graphing and mapping• Nationwide comparisons• Accurate and timely
4
Context
• Who needs the data…and for what purpose?• Developing a sound regional development
strategy• Identify unique competitive advantage
– Based on distinct economic assets• Rural America, for example, often rests on its
history of manufacturing and commodity agriculture…no longer viable
• How do we foster regional innovation?5
Regional Conversations
• How do we act like a region with a shared future?• Regional roundtables to design a strategy by and
for the region—ownership of the vision• Roundtable comprised of public, private and
nonprofit leaders– Helpful to have a champion in private industry
• May need a change in culture and thinking to achieve the goal—paddling in the same direction
• Data-Driven Strategies 6
Steps for Data-Driven Strategies
• Identify region• Build governance group• Identify region’s competitive advantage and
economic assets• Map region’s assets—both economic and social
—and potential futures• Define best strategy (economic direction) and
identify the resources needed to seize it
7
See http://www.statsamerica.org/innovation/guide/practitioners_guide.pdf for more “how to”
Identify Region
8
• Who plays in our sand box?• Is there a logical economic region?• What is the commuter shed? The retail shed?• Are there significant geographic barriers?• Are there historical or cultural factors that
affect the geography and people to include?• Is there a common core of businesses that
unite the region?
Regional Governance
9
• Who are the private sector leaders?• Who are the regional champions?• Which non-profits or foundations can glue
together politically disparate pieces?• Which public officials will provide energy?• Are there colleges/universities or other
research assets (e.g., military labs) to provide intellectual heft?
Identify Economic Assets/Advantages
10
• What are the economic trends?– Need data to track industry and employment changes
• What does the region specialize in?– Socio-economic benchmarking, location quotients
• Define and compare against the region’s peers– Economy, population, resources, transportation linkages,
education, natural amenities
• What can be learned from peer leaders/laggards?• What are the region’s existing and emerging
clusters?
Identify Economic Assets/Advantages
11
• What are the economic trends?• What does the region specialize in?• Define and compare against the region’s peers• What can be learned from the
leaders/laggards?• What are the region’s existing and emerging
clusters?• What are the options?
STATSAmerica.org
Where will you go for all your data needs?
Measuring Distress
• Distress indicators for federal grants ― EDA guidelines for distress
• Nationwide ― counties, districts, tracts
• Region builder
• Calculates thresholds automatically
• Current, accurate source data
20
LAUS bulk download files for counties are also available.
LAUS bulk download files for counties are also available.
Click on the rank to get data for all counties
You’ll have to use the “edit-select all” and “copy” commands to move data into a spreadsheet.
Great tool for finding peers based on socio-economic characteristics
Great tool for finding peers based on socio-economic characteristics
You’ll have to use the “edit-select all” and “copy” commands to move data into a spreadsheet.
All state data conveniently packaged in one Excel file
Questions?
For more information, contact:Timothy Slaper orCarol Rogers
Indiana Business Research CenterKelley School of BusinessIndiana University
[email protected]@iupui.edu
36 Copyright 2012 © Professor Michael E. Porter
ClusterMapping.us
Rich BrydenDirector of Information Products
Institute for Strategy and CompetitivenessHarvard Business School
www.isc.hbs.edu
EDA Know Your Region webinarMarch 14, 2012
37 Copyright 2012 © Professor Michael E. Porter
Agenda
• Why clusters?
• Identifying clusters
• ClusterMapping.us today
• ClusterMapping.us through March 2013
38 Copyright 2012 © Professor Michael E. Porter
Strong Clusters Drive Regional Performace
• Specialization in strong clusters
• Breadth of industries within each cluster
• Strength in related clusters
• Presence of a region‘s clusters in neighboring regions
• Job growth
• Higher wages
• Higher patenting rates
• Greater new business formation, growth and survival
Not significant
• Positions in “high-tech“ versus other clusters
Source: Porter, The Economic Performance of Regions, Regional Studies, 2003; Delgado/Porter/Stern, Clusters and Entrepreneurship, Journal of Economic Geography, 2010; Delgado/Porter/Stern, Clusters, Convergence, and Economic Performance, mimeo., 2010.
39 Copyright © 2011 Professor Michael E. Porter20111024 – Ecuador Competitiveness Presentation – FINAL – Prepared by RA Jem Hudson.ppt
Clusters as a Tool For Economic Policy
• A forum for collaboration between the private sector, trade associations, government, educational, and research institutions
• Brings together firms of all sizes, including SME’s
• Creates a mechanism for constructive business-government dialog
• A tool to identify problems and action recommendations
• A vehicle for investments that strengthen multiple firms/institutions simultaneously
• Fosters greater competition rather than distorting the market
40 Copyright 2012 © Professor Michael E. Porter
Agenda
• Why clusters?
• Identifying clusters
• ClusterMapping.us today
• ClusterMapping.us through March 2013
41 Copyright 2012 © Professor Michael E. Porter
Massachusetts Medical Devices Cluster
A geographically proximate group of interconnected companies and associated institutions in a particular field, linked by commonalities and complementarities
42 Copyright 2011 © Professor Michael E. Porter20110226 – NGA v0225b
TradedTraded LocalLocal NaturalResource-Driven
NaturalResource-Driven
27.4%
0.3%
$57,706
135.2%
3.7%
144.1
21.5
590
677
27.4%
0.3%
$57,706
135.2%
3.7%
144.1
21.5
590
677
71.7%
1.5%
$36,911
86.5%
2.7%
79.3
0.3
241
352
71.7%
1.5%
$36,911
86.5%
2.7%
79.3
0.3
241
352
0.9%
0.5%
$40,142
94.1%
2.4%
140.1
1.6
48
43
0.9%
0.5%
$40,142
94.1%
2.4%
140.1
1.6
48
43
Share of EmploymentEmployment Growth Rate
Average Wage
Relative WageWage Growth Rate
Relative Productivity
Patents per 10,000 Employees
Number of SIC IndustriesNumber of NAICS Industries
The Composition of Regional EconomiesUnited States
Source: Prof. Michael E. Porter, Cluster Mapping Project, Institute for Strategy and Competitiveness, Harvard Business School; Richard Bryden, Project Director.
43 Copyright 2012 © Professor Michael E. Porter
FurnitureBuilding Fixtures,
Equipment & Services
Fishing & Fishing Products
Hospitality & TourismAgricultural
Products
Transportation & Logistics
Composition of the EconomyLinkages Across Clusters
Plastics
Oil & Gas
Chemical Products
Biopharma-ceuticals
Power Generation
Aerospace Vehicles & Defense
Lightning & Electrical
Equipment
Financial Services
Publishing & Printing
Entertainment
Information Tech.
Communi-cations
Equipment
Aerospace Engines
Business Services
DistributionServices
Forest Products
Heavy Construction
Services
Construction Materials
Prefabricated Enclosures
Heavy Machinery
Sporting & Recreation
Goods
Automotive
Production Technology
Motor Driven Products
Mining & Metal Manufacturing
Jewelry & Precious Metals
Textiles
Footwear
Processed Food
Tobacco
Medical Devices
Analytical InstrumentsEducation &
Knowledge Creation
Note: Clusters with overlapping borders or identical shading have at least 20% overlap(by number of industries) in both directions.
Apparel
Leather & Related Products
44 Copyright 2012 © Professor Michael E. Porter
Specialization of Regional EconomiesLeading Clusters by U.S. Economic Area
Boston, MA-NHAnalytical Instruments Education and Knowledge CreationMedical DevicesFinancial Services
Boston, MA-NHAnalytical Instruments Education and Knowledge CreationMedical DevicesFinancial Services
Los Angeles, CAEntertainmentApparelDistribution ServicesHospitality and Tourism
Los Angeles, CAEntertainmentApparelDistribution ServicesHospitality and Tourism
San Jose-San Francisco, CABusiness ServicesInformation TechnologyAgricultural ProductsCommunications EquipmentBiopharmaceuticals
San Jose-San Francisco, CABusiness ServicesInformation TechnologyAgricultural ProductsCommunications EquipmentBiopharmaceuticals
New York, NY-NJ-CT-PAFinancial ServicesBiopharmaceuticalsJewelry and Precious MetalsPublishing and Printing
New York, NY-NJ-CT-PAFinancial ServicesBiopharmaceuticalsJewelry and Precious MetalsPublishing and Printing
Seattle, WAAerospace Vehicles and DefenseInformation TechnologyEntertainmentFishing and Fishing Products
Seattle, WAAerospace Vehicles and DefenseInformation TechnologyEntertainmentFishing and Fishing Products
San Diego, CAMedical DevicesAnalytical InstrumentsHospitality and TourismEducation and Knowledge Creation
San Diego, CAMedical DevicesAnalytical InstrumentsHospitality and TourismEducation and Knowledge Creation
Chicago, IL-IN-WIMetal ManufacturingLighting and Electrical EquipmentProduction TechnologyPlastics
Chicago, IL-IN-WIMetal ManufacturingLighting and Electrical EquipmentProduction TechnologyPlastics
Denver, COBusiness ServicesMedical DevicesEntertainmentOil and Gas Products and
Services
Denver, COBusiness ServicesMedical DevicesEntertainmentOil and Gas Products and
Services
Raleigh-Durham, NCEducation and Knowledge CreationBiopharmaceuticalsCommunications EquipmentTextiles
Raleigh-Durham, NCEducation and Knowledge CreationBiopharmaceuticalsCommunications EquipmentTextiles
Atlanta, GATransportation and LogisticsTextilesMotor Driven ProductsConstruction Materials
Atlanta, GATransportation and LogisticsTextilesMotor Driven ProductsConstruction Materials
DallasAerospace Vehicles and DefenseOil and Gas Products and
ServicesInformation TechnologyTransportation and Logistics
DallasAerospace Vehicles and DefenseOil and Gas Products and
ServicesInformation TechnologyTransportation and Logistics
Source: Prof. Michael E. Porter, Cluster Mapping Project, Institute for Strategy and Competitiveness, Harvard Business School; Richard Bryden, Project Director.
Houston, TXOil and Gas Products and
ServicesChemical ProductsHeavy Construction ServicesTransportation and Logistics
Houston, TXOil and Gas Products and
ServicesChemical ProductsHeavy Construction ServicesTransportation and Logistics
Pittsburgh, PAEducation and Knowledge CreationMetal ManufacturingChemical ProductsPower Generation and
Transmission
Pittsburgh, PAEducation and Knowledge CreationMetal ManufacturingChemical ProductsPower Generation and
Transmission
45 Copyright 2012 © Professor Michael E. Porter
Agenda
• Why clusters?
• Identifying clusters
• ClusterMapping.us today
• ClusterMapping.us through March 2013
46 Copyright 2012 © Professor Michael E. Porter
ClusterMapping.usToday
47 Copyright 2012 © Professor Michael E. Porter
ClusterMapping.usRegions
482011 – State Competitiveness – Rich Bryden Copyright © 2011 Professor Michael E. Porter
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
-1.0% -0.5% 0.0% 0.5% 1.0%
Change in South Carolina share of National Employment, 1998 to 2009
So
uth
Car
olin
a n
atio
nal
em
plo
ymen
t sh
are,
200
9
Employees 4,600 =
Traded Cluster Composition of the South Carolina Economy
Overall change in the South Carolina Share of US Traded Employment: -0.29%
Source: Prof. Michael E. Porter, Cluster Mapping Project, Institute for Strategy and Competitiveness, Harvard Business School; Richard Bryden, Project Director.
South Carolina Overall Share of US Traded Employment: 1.37%
Textiles (-5.19%, 11.65%)
Chemical Products (-2.87%, 2.41%)
Furniture (-1.77%, 1.57%)
Apparel
Sporting, Recreational and Children’s Goods
Power Generation and Transmission (-0.65%, 4.63%)
Heavy Construction Services
Biopharmaceuticals
Entertainment
Construction Materials
CommunicationsEquipment
Production Technology
Hospitality and Tourism
Processed Food
Financial Services
Oil and Gas Products and Services
Jewelry and Precious Metals
Analytical InstrumentsAgricultural Products
Distribution Services
Publishing and Printing
Education and Knowledge Creation
Aerospace Vehicles and Defense
Fishing and Fishing Products
Medical Devices
Transportation and Logistics
Aerospace Engines
Prefabricated Enclosures
Plastics
Lighting and Electrical Equipment
Heavy Machinery
Building Fixtures, Equipment and Services
Metal Manufacturing
Leather and Related Products
Information Technology
Forest Products (+1.05%,3.81%)
Automotive (+1.37%, 3.03%)
Business Services
Motor Driven Products (+2.46%,6.12%)
492011 State Competitiveness – Rich Bryden Copyright © 2011 Professor Michael E. Porter
South Carolina Job Creation in Traded Clusters1998 to 2009
Job
Cre
atio
n, 1
998
to 2
009
-80,000
-60,000
-40,000
-20,000
0
20,000
40,000Tr
ansp
orta
tion
and
Logi
stic
s
Edu
catio
n an
d K
now
ledg
e C
reat
ion
Info
rmat
ion
Tech
nolo
gy
Bus
ines
s S
ervi
ces
Dis
tribu
tion
Ser
vice
s
Med
ical
Dev
ices
Aut
omot
ive
Aer
ospa
ce V
ehic
les
and
Def
ense
Mot
or D
riven
Pro
duct
s
Aer
ospa
ce E
ngin
es
Agr
icul
tura
l Pro
duct
s
Fish
ing
and
Fish
ing
Pro
duct
s
Hea
vy M
achi
nery
Oil
and
Gas
Pro
duct
s an
d S
ervi
ces
Foot
wea
r
Hos
pita
lity
and
Tour
ism
Leat
her a
nd R
elat
ed P
rodu
cts
Jew
elry
and
Pre
ciou
s M
etal
s
Pla
stic
s
Fore
st P
rodu
cts
Ligh
ting
and
Ele
ctric
al E
quip
men
t
Ana
lytic
al In
stru
men
ts
Pre
fabr
icat
ed E
nclo
sure
s
Pub
lishi
ng a
nd P
rintin
g
Spo
rting
, Rec
reat
iona
l and
Chi
ldre
n's
Goo
ds
Bio
phar
mac
eutic
als
Bui
ldin
g Fi
xtur
es, E
quip
men
t and
Ser
vice
s
Fina
ncia
l Ser
vice
s
Ent
erta
inm
ent
Con
stru
ctio
n M
ater
ials
Pro
cess
ed F
ood
Met
al M
anuf
actu
ring
Com
mun
icat
ions
Equ
ipm
ent
Pow
er G
ener
atio
n an
d Tr
ansm
issi
on
Pro
duct
ion
Tech
nolo
gy
Furn
iture
Hea
vy C
onst
ruct
ion
Ser
vice
s
Che
mic
al P
rodu
cts
App
arel
Text
iles
Net traded job creation, 1998 to 2009:
-106,029
Net traded job creation, 1998 to 2009:
-106,029
Source: Prof. Michael E. Porter, Cluster Mapping Project, Institute for Strategy and Competitiveness, Harvard Business School; Richard Bryden, Project Director.* Percent change in national benchmark times starting regional employment. Overall traded job creation in the state, if it matched national benchmarks, would be -102,702
Indicates expected job creation given national cluster growth.*
50
$0 $25,000 $50,000 $75,000 $100,000 $125,000
FootwearFishing and Fishing Products
TobaccoAerospace Engines
Communications EquipmentOil and Gas Products and Services
ApparelHospitality and Tourism
EntertainmentJewelry and Precious Metals
Prefabricated EnclosuresEducation and Knowledge Creation
Motor Driven ProductsAgricultural Products
Sporting, Recreational and Children's GoodsLeather and Related Products
Building Fixtures, Equipment and ServicesTextiles
Transportation and LogisticsFurniture
Construction MaterialsProcessed Food
Publishing and PrintingLighting and Electrical Equipment
PlasticsAutomotive
Heavy Construction ServicesHeavy Machinery
Metal ManufacturingProduction TechnologyAnalytical Instruments
Distribution ServicesBusiness ServicesFinancial Services
BiopharmaceuticalsMedical Devices
Chemical ProductsForest Products
Information TechnologyAerospace Vehicles and Defense
Power Generation and Transmission
South Carolina Wages in Traded Clustersvs. National Benchmarks
Wages, 2009
South Carolina average traded wage: $40,142
Source: Prof. Michael E. Porter, Cluster Mapping Project, Institute for Strategy and Competitiveness, Harvard Business School; Richard Bryden, Project Director.
U.S. averagetraded wage: $56,906
l Indicates average national wage in the traded cluster
51
52 Copyright 2012 © Professor Michael E. Porter
Agenda
• Why clusters?
• Identifying clusters
• ClusterMapping.us today
• ClusterMapping.us through March 2013
53 Copyright 2012 © Professor Michael E. Porter
New directions for website
2. Community1. Engaging &
Educating
54 Copyright 2012 © Professor Michael E. Porter
BEA Economic Regions
Economic Area definitions from U.S. Bureau of Economic Analysis
Boston Economic Area
Hartford Economic Area
Albany Economic Area
New York Economic Area
NY
PA
NJ
CT
VT
NH
MA
RI
3. CustomizeRegions
55 Copyright 2012 © Professor Michael E. Porter
4. Macro Viewof Clusters
Wired Magazine
56 Copyright 2012 © Professor Michael E. Porter
National Association of Development Organizations (NADO)
and the NADO Research Foundation
400 North Capitol Street, NW | Suite 390 | Washington, DC 20001
Ruraltransportation.org | Knowyourregion.org | Regionalcouncilguide.org
202.624.7806 | [email protected]
NADO.org
Regional Strategies. Solutions. Partnerships.