Brainpower-based Economic Development Strategies
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Brainpower-based Economic Development Strategies

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Slides used to present to at the Indiana Economic Development Association Spring Conference on March 6, 2014 in Indianapolis, IN

Slides used to present to at the Indiana Economic Development Association Spring Conference on March 6, 2014 in Indianapolis, IN

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  • 1. “Brainpower”-Based Economic Development Strategies Scott Hutcheson, Ph.D. Purdue Center for Regional Development Purdue Extension
  • 2. Occupations Workforce Human Capital Talent Skills
  • 3. Occupations Workforce Human Capital Talent Skills Preschool K-12 Com. College University LLL
  • 4. Brainpower Occupations Workforce Human Capital Talent Skills Preschool K-12 Com. College University LLL
  • 5. Collaborative Leadership
  • 6. Kokomo’s “Brainpower” Economic Development Strategy
  • 7. Kokomo’s “Brainpower” Economic Development Strategy http://www.youtube.com/watch?v=vI9LpKVQEs4
  • 8. Your “Brainpower” Economic Development Strategy 1. Identify & leverage your unique brainpower Collaborative Leadership
  • 9. Your “Brainpower” Economic Development Strategy 1. Identify & leverage your unique brainpower 2. Translate that brainpower into innovation and productivity in the marketplace Collaborative Leadership
  • 10. Your “Brainpower” Economic Development Strategy 1. Identify & leverage your unique brainpower 2. Translate brainpower into innovation and productivity in the marketplace 3. Develop quality connected places where brainpower networks can develop Collaborative Leadership
  • 11. Your “Brainpower” Economic Development Strategy 1. Identify & leverage your unique brainpower 2. Translate brainpower into innovation and productivity in the marketplace 3. Develop quality connected places where brainpower networks can develop 4. Create an exciting new narrative that attracts new brainpower Collaborative Leadership
  • 12. Your “Brainpower” Economic Development Strategy 1. Identify & leverage your unique brainpower 2. Translate brainpower into innovation and productivity in the marketplace 3. Develop quality connected places where brainpower networks can develop 4. Create an exciting new narrative that attracts new brainpower 5. …repeat Collaborative Leadership
  • 13. References Barro, R. J., Caselli, F., & Lee, J. W. (2013). Symposium on human capital and economic development: an introduction. Journal of development economics, 104, 181-183. Gennaioli, N., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A. (2013). Human capital and regional development. The Quarterly Journal of Economics, 128(1), 105-164. Hutcheson, S. (2008). ED 2.0: Innovation-based Revitalization Efforts. Illinois Institute for Rural Affairs. Merkel, B. (2010). COINS: An economic development tool for education, economic and workforce development in Open Source Economic Development. Procedia-Social and Behavioral Sciences, 2(4), 6516-6531. Morrison, Ed. The New Opportunities for Rural Development. Illinois Institute for Rural Affairs, 2007.