The region encompassing the California-Baja border boasts a ecosystem of diverse industries. Now, U.S. and Mexican researchers are joining forces for a cluster study that examines San Diego County, Imperial County, and the Mexican state of Baja California under a uniform lens, in an effort to show their combined strengths and ultimately help inform public policy for this binational region. The study relies on an econometrics tool known as the input-output matrix, which measures purchases and sales between businesses. An early version of the report is set to be released by year’s end.
Developed as part of the U.S. Cluster Mapping Project, the Minneapolis-St. Paul Regional Cluster Initiative is a study on how the Minneapolis-St. Paul region has benefited from applying a cluster approach as a conceptual framework for diagnosing the regional economy and as a platform for joint action to address the challenges identified.
Location plays a critical role in the success and sustainability of a high-technology venture, whether it’s a startup capitalizing on the proximity of venture capitalists, a company in search of bright talent, or an established brand that continues to expand.
Western North Carolina has faced economic challenges for decades. Industries that once brought prosperity – tobacco, textiles, furniture manufacturing – have waned. As a largely rural area, it is not an easy place to develop new industry. Rather than continue bidding wars with other locations to chase "the next big thing," the region decided to focus on its local assets, and businesses with an organic connection to the region. A cluster of outdoor equipment companies has emerged, one that taps the recreational opportunities of the Blue Ridge Mountains as it competes on a national scale.
Rockford, IL, a once-proud manufacturing town, recently uncovered a potential solution to its decades-long economic struggle: a quietly thriving aerospace and aviation cluster. Local officials have grown fond of remarking that no airplane today flies without a component made in or around Rockford. And today, factions that hardly interacted before are finding ways to pull in the same direction -- even competing aviation companies. "The business community is stepping up in a new way," according to UTC Aerospace Systems, one such member of this effort.
In just six years, North Louisiana has created a fast-growing cyber cluster in a region historically dominated by manufacturing and oil and gas. The catalyst for this stems from the combined vision of local and state leaders to diversify the region's economy and inculcate a knowledge-based workforce.
SARTA (Sacramento Regional Technology Alliance) is invigorating agriculture technology ventures through its new AgStart cluster program. Drawing on California's core tech and agriculture sectors, AgStart facilitates the research and development of ag tech companies and entrepreneurs. Said SARTA CEO Meg Arnold: "There is a huge, and growing, need for agriculture technology to increase productivity and yield, improve cost effectiveness, and enhance the efficient use of water, energy, and land. Sacramento ...