state tbed

In order for Arkansas to compete in this 21st century economy, it must accelerate its ability to compete for these jobs if it expects to keep pace with other states, according to the wide-ranging study from the Milken Institute.

The study of 25-35 year-olds, dubbed “The Young and the Restless” is a tale that reflects many of the key economic trends of the past decade, and, according to the author, foreshadows the likely path of economic trends of the next two decades. The paper also describes the role of the young and restless in shaping economic prosperity in U.S. metropolitan areas.

According to the author, economic developers can organize a venture-development infrastructure and process that is designed to continuously launch new ventures. The venture-development process is significantly more difficult, and time consuming, than recruiting industry. But the results can be longer-lasting since the process is designed to develop an infrastructure involving multiple parties in a variety of industries to encourage entrepreneurship and constantly develop new ventures.

The paper addresses the third phase of rebuilding the post conflict society by improving the prosperity for all citizens in the region. Establishing the laws and reforms that provide this stability can be completed expediently, with the support of international expertise. However, if economic development does not commence at a rapid rate, there is more of an incentive to use corrupt means to “game the system” as opposed to growing the wealth base.

The paper develops and tests a model of how country characteristics, such as legal protections for minority investors, and the level of economic and financial development, influence firms costs and benefits in implementing measures to improve their own governance and transparency.

The authors survey and assess the literature on the positive and negative effects of ethnic diversity on economic policies and outcomes. The focus is on both focus both cities in developed countries and villages in developing countries.

The reference guide is intended to assist science and technology (S&T) policy makers, planners and business professionals in formulating S&T policy that will enable greater commercial S&T activities and more productive relationships between public and private sector S&T entities. Topics covered include intellectual property rights, U.S. technology transfer laws, standards and measurements, information technology, and incubators.

The report addresses Staying on Top, a five-year, $5 million action agenda to generate 100,000 new jobs and increase employment in all 13 counties of the Research Triangle Region of North Carolina. An action plan is outlined and calls for institutional partners to pursue five strategies.

The report stresses that the best indicators of growth are not concentrations of research and development or scientific talent, and without the additional assets of tolerance and authenticity, technology fails to seed economic growth.

According to the authors, if the New Economy is a potential reality, one cannot take for granted that all industrial economies will participate successfully in its introduction. They explain that it all depends on the local receiver competence to build industry on the new technology, and hence, also demonstrate within the same model the existence of the risk of failing altogether to capture the opportunities of a New Economy.