Tag Archives: research

The Upside of Downturns

No one will deny that the American and global economies have been in an extended slump.  The question is what will lead us out of the doldrums?  Right now the big argument seems to be between advocates of clean energy …

Innovation Networks and Economic Growth

Here at Fourth Economy, we’re always looking for opportunities to identify and build upon local assets. This often takes the form of bringing together various stakeholders to advance specific technologies and sectors. We’re currently working on building more robust sectors …

PA Governor’s Proposed Budget Cuts Millions from Economic Development Programs

Today in Harrisburg, Governor Corbett revealed his proposal for the 2012-2013 budget. We wanted to provide a quick summary and high-level observations to members of the economic development community. The bottom line is that there is little to be excited …

Numbers Behind the News: Development Insights from Big Data

IBM estimates that we create 2.5 quintillion bytes of data every day.  They do not, however, estimate how much of this data is duplicated – all of the documents emailed between friends and coworkers that get stored on personal devices, …

U.S. Innovation and Competitiveness Strategy: “All Hands On Deck”

  In the countless instances where I’ve engaged others on important matters facing our nation, and especially challenges and opportunities critical to African Americans, I cannot ever recall asserting that I have “the” answer to a problem. This instance, however, …

Elements: Making a Difference in Indianapolis

  Last month, the Fourth Economy team organized a panel discussion at the annual summit of the University Economic Development Association (UEDA) in Indianapolis, IN. The panel topic “Partnerships for Place-making” brought together a cross-sector of university, private real estate …

What Mid-Metros are Attracting Bio-Sector Investment?

Medium size metros such as Madison, Wisconsin; Lincoln, Nebraska; and Boulder, Colorado (each with total private employment between 75,000 and 250,000) continue to demonstrate a strong Bio Science employment base, attracting steady investment from this sector every year.  These three metros …

How Many Startups can University Research Support?

Utah made headlines by generating more startups in 2009 than MIT on ¼ of their budget. Interest and activity in university spinoffs continues to grow. A number of new initiatives have launched recently to promote the commercialization of university technology …

Attracting High-Growth / High-Wage Investment

A client recently asked us a basic question – “If we want to attract and grow high-pay high-growth associated with technology related sectors, what do we need to know?” In response, our team gathered a sample of incentive programs and strategies that some states have employed to attract higher value, technology-based research and development sectors while also hoping to accelerate new company formation. While not a comprehensive search to say the least, this scan does provide some program themes of what has been put in place over the past few years to grow higher growth, higher wage sectors.

Academic Money Chase

What are the consequences of declining public support for research? There are many positive aspects to Universities becoming more engaged with industry and with economic development efforts, but we have to make sure that good science is not compromised. A …