Tag Archives: technology

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 …

Regional Collaboration Beyond the Press Release: The TechBelt Model

Download a PDF of this Article: Regional Collaboration Beyond the Press Release – The TechBelt Model Collaboration is a contact sport. “Regional collaboration” has long been a somewhat idyllic phrase within technology-based economic development circles. Beyond the websites and trade show …

Numbers Behind the News: $100 Billion

  Facebook has moved forward with an IPO that could be among the largest in the U.S. and at the least will dwarf Google’s 2004 IPO.  Facebook was launched only six months before Google’s August 2004 IPO.  The pessimistic outlook suggests …

Comeback Kids

  Admittedly it is awkward to boast about the economic recovery that is occurring in much of the Rust Belt.  In our own neck of the woods, Akron, Cleveland, Pittsburgh and Youngstown have all experienced strong recoveries.  According to Brookings Youngstown …

365 Days (and counting) of Building Better Communities

365 days can fly by when you do something you really enjoy.  Last year, on September 1, we launched Fourth Economy Consulting – so today is our birthday!  Of course the idea and planning a new company occurred many months …

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.

Pittsburgh: The Entrepreneurial City (Part 1)

As we struggle with the lingering effects of the recession, it’s hard to see the silver lining in our economic forecast. Despite the statistical end to the recession, many economists don’t believe that we will recover to 2007 employment levels for another two to three years. The big question is: where will this growth come from?

The short answer? Entrepreneurs.