Growing Industries from the Bottom Up
Regions often compete with each other to attract companies, talent and investment to spur economic growth and job creation. While this approach is often successful, regions should also focus on growing...
View ArticleBuilding Economic Resilience in the 21st Century
Many regions around the country have been hanging tough since the recession began in 2008. While it’s created a complicated web of economic uncertainties, it’s also created a huge opportunity for the...
View ArticleSmall Businesses = Big Impact
We often hear that small businesses are the engines of job creation in the United States. Their value and the role they play in our economy is sometimes underestimated because, they are in fact, small....
View ArticleBeyond the Midwest Bellwether
Even though the presidential election won’t take place for another six months, it’s still “top of mind” for many of us. Every day there are hundreds of news stories about what the next four years may...
View ArticleChanging Manufacturing in a Changing World
One thing we’ve learned over the past several decades is that we live in an ever-changing world. There was a time when America was the unquestioned global leader in manufacturing. That changed to...
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Will Shale Gas Be the Single Solution to America’s Energy Challenges?
Tower for drilling horizontally into the Marcellus Shale Formation for natural gas, from Pennsylvania Route 118 in eastern Moreland Township, Lycoming County, Pennsylvania, USA (Photo credit:...
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Strengthening the Link Between Industry and University Research
When thinking about developing new technologies, universities bring valuable resources to the table. Among these are: research – basic and otherwise; access to funding; access to the latest, most...
View ArticleStrengthening the Link Between Industry and University Research: Part 2
How do you get two different cultures – universities and private enterprise – to work together and collaborate to develop industries and create jobs? In my previous post, I talked about the role of...
View ArticleInclusion: The Missing Link In Economic Competitiveness
As I continue to engage with companies, universities, government leaders, investors and economic development practitioners in Ohio and across the country, I can’t help but notice the lack of diversity...
View ArticleAre Public-Private Partnerships The ‘Secret Sauce’ To A Resurgence In...
Made in America. That once powerful phrase has been somewhat diminished over the past several decades. However, things are changing. Manufacturing is helping to drive our economic recovery. But, this...
View ArticleWater Technologies: The Wave Of The Future? Part I
As the population of the world grows, the demand for fresh clean water – by individuals, by governments, and by businesses and industry – increases. The current challenges associated with maintaining...
View ArticleWater Technologies Part II: Market Opportunities and Challenges for Water...
In my last post, I talked about how critical clean and efficient use of water is to local economies as well as to our very existence. But, what challenges need to be addressed to maximize current...
View ArticleExporting Our Way To A Stronger U.S. Economy
Our world is shrinking. Not geographically. Not geologically. But certainly in economic terms, our world is getting smaller and smaller… and regions and nations are becoming more dependent on one...
View ArticleThe Business of Advanced Energy
As I have mentioned in previous posts, the current energy challenge is complex and there is no silver bullet to resolve our global energy needs. From the way we consume and produce energy, to how we...
View ArticleAn Entrepreneur’s Holy Grail: The Anchor Customer
Entrepreneurs and small business owners regularly face what seem to be insurmountable obstacles when they’re launching and growing their businesses. Good news is there are a multitude of resources...
View ArticleHow Will the Fiscal Cliff Impact Our Innovation Economy?
It is hard to hear a newscast these days without some mention of the impending fiscal cliff. By the end of the year, we could be facing a ‘perfect storm’ of tax cuts, tax breaks and spending cuts that...
View Article‘Icebreaker’: Offshore Wind Making Waves in Energy and Economic Development
The Obama Administration is pursuing an “all of the above” strategy for U.S. energy development. Last week, the Administration boosted the prospects of offshore wind energy becoming an integral part of...
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The Key to Growth: Transformational Change
Statistics show that most Americans who make a New Year’s resolution fail to achieve it. A study by the University of Scranton found that only 46 percent of us maintain our resolutions after six...
View ArticleGreatness Revisited
I have spent a lot of time recently pondering the question, “What makes an organization a great one?” I think this question is essential as we continue on our path of economic recovery and aim to...
View ArticleThe Smart Business of Advanced Energy
As a former investment banker on Wall Street I know of the importance of a diverse portfolio. It’s simple. Unless you like to gamble, don’t put all your eggs in one basket. That old cliché should also...
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