Communities with more resilient economies experience less shock. And economies that are both resilient and high-growth experience shorter recovery periods. This pandemic has provided us with an opportunity to take measure of our regional and city economies and to better understand the fundamental drivers. A key to our future resiliency is the continued growth and development of diverse, export-driven economies across Canada. Surprisingly, some clusters across Canada have an opportunity for expansion during this time — transportation, e-commerce, and health sciences — while others will need support. Economic development officials across Canada must assess the sectors that are most vulnerable in the short to medium run, evaluate the impacts this will have for their labour markets and communities, and plan accordingly to make their economies more resilient and robust.
LBJ Urban Lab Director Steven Pedigo sat down for a one-on-one conversation with Professor Richard Florida, one of the world’s leading thinkers in urban studies. Florida is the University Professor at the University of Toronto and the co-founder of City Lab.
Richard Florida, the well-known economist and urban theorist, says the Capital Region of Albany is one of the top 25 areas for the young and ambitious.
One evening in the summer of 2013, Richard Florida sat down in the lounge of a SoHo hotel to talk to his New York publisher about writing a new book.
In January 1992, Carnegie Mellon University undertook a project, in collaboration with the Technology Development and Education Corporation, called “Design for High Performance Manufacturing Infrastructure”. The objective of the project was to analyze and invigorate the supplier base and manufacturing infrastructure of Southwestern Pennsylvania…
What is the role of venture capital in industrial competitiveness? On the one hand, venture capital has played a crucial role in the emergence of innovative entrepreneurial enterprises and high-technology regions such as Silicon Valley and Boston’s Route 128 corridor. On the other hand, a number of commentators have suggested that venture capital contributes to a pattern of chronic entrepreneurship and the breakthrough illusion of U.S. high technology which have a negative implications for U.S. technological and industrial competitiveness.
The research that led to this report was commissioned by the Council of Great Lakes Governors in 1992 to provide a fresh look at the competitiveness of the Great Lakes Economy. The goal was to identify strategic areas in which collaboration among business and government leaders could accelerate the economic revitalization that had begun.
A Report by the Sustainable Economic Development Project. H. John Heinz III School of Public Policy and Management. Carnegie Mellon University. For the Sustainable Pittsburgh Initiative.
Dr. Richard Florida, Mark Atlas. H. John Heinz III School of Public Policy and Management. Carnegie Mellon University. Pittsburgh, PA
The Project. The report that follows is the product of the Urban Competitiveness Systems Synthesis Project of the H. John Heinz III School of Public Policy and Management at Carnegie Mellon University.
Wherever one looks -in semiconductors, computers or biotechnology- the story is the same: The United States achieves a commanding lead in basic research, develops the start-up companies that pioneer cutting edge technologies, and then somehow fails to follow trough, leaving nations like Japan to mass-produce the products that the world wants.
Venture capital investment is a critical component of high technology economic growth. Although investment is perhaps the most important dimension of venture capital activity, there is virtually no literature on it…
Picture America. What do you see? The hustle and bustle of New York with Wall Street, the theatre district and bohemian neighbourhoods…
Since the early 1980s, State, local and regional economic development strategies have faced an accelerating pace of technological change, new patterns of work and production organization. The globalization of technology and markets is transforming economic development as we know it.
Housing finance provides telling insights into the political economy of any advanced industrial economy. It is integral to the performance of capital markets, reflective of the role of the state in the economy and illustrative of the priority placed on producing affordable housing.
In this paper, the comparative responses of the USA and Japan to the rise of the new high-technology industries are examined. The United States pattern mainly revolves around the rise of high-technology districts like Silicon Valley and Route 128 which comprise dense networks of small entrepreneurial firms and other related institutions.
Capitalism is undergoing an epochal transformation from a mas-production system where the principal source of value was physical labour to a new era of innovation-mediated production where the principal component of value creation, productivity and economic growth is knowledge and intellectual capabilities.