INNOVATIVE METROPOLITAN AREAS IN THE SOUTH: HOW COMPETITIVE ARE SOUTH CAROLINA’S CITIES? by David L. Barkley and Mark S. Henry Professors and Co-Directors Regional Economic Development Laboratory Department of Applied Economics & Statistics Clemson University
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INNOVATIVE METROPOLITAN AREAS IN THE SOUTH: HOW COMPETITIVE ARE SOUTH CAROLINA’S CITIES?
INNOVATIVE METROPOLITAN AREAS IN THE SOUTH: HOW COMPETITIVE ARE SOUTH CAROLINA’S CITIES?. by David L. Barkley and Mark S. Henry Professors and Co-Directors Regional Economic Development Laboratory Department of Applied Economics & Statistics Clemson University. THE NEW ECONOMY - PowerPoint PPT Presentation
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INNOVATIVE METROPOLITAN AREAS IN THE SOUTH:
HOW COMPETITIVE ARE SOUTH CAROLINA’S CITIES?
by
David L. Barkley
and
Mark S. Henry
Professors and Co-DirectorsRegional Economic Development Laboratory
Department of Applied Economics & StatisticsClemson University
THE NEW ECONOMYTHE KNOWLEDGE ECONOMY
THE GLOBAL ECONOMY
Changes in TechnologiesChanges in Production Practices
Changes in Location of Economic ActivityChanges in the Demand for Labor
Industry Clusters
Clusters of InnovationRegional Innovation Systems
Table 1. Examples of State and Local Programs to Encourage Research and Innovation
Program Location Funding
Stowers Institute for Medical Research Kansas City, MO/KS $2 billion endowment
California Institute forRegenerative Medicine
State-wide $3 billion over 10 years
North Carolina Bio-Technology Research Campus Kannapolis, NC $1 billion endowment
The Ohio Third Frontier Project State-wide $500 million
Scripps Florida
Kentucky Research ChallengeTrust Fund
Palm Beach, FL
State-wide
$510 million
$340 million
Donald Danforth Plant Sciences Center St. Louis, MO $150 million
Hudson-Alpha Institute for Biotechnology Huntsville, AL $130 million
Translational Genomics Research Institute Phoenix, AZ $100 million
Louisiana Optical Network Initiative
Grow Wisconsin Business Incubators
State-wide
State-wide
$40 million
$30 million
Table 2. Selected Measures of Metropolitan Innovative Environment
A. Innovative Activity
PATENT: Number of patents issued per 1000 population (USPTO, 1990-99)
ARD: Academic R&D expenditures per 1000 population (NSF, 1998-2000)
SED: Doctorates awarded in science and engineering per 1000 population (NSF, 1998-2000)
GSS Graduate science and engineering students per 1000 population (NS, 1998-2000)
ETEC: Percentage of employment in technical professions – computer science; engineering except civil; natural, physical, and social science (BLS, 2000)
Table 2. Selected Measures of Metropolitan Innovative Environment (cont.)
B. Labor Force Quality
PHSG: Percentage of adult population (25+) that are high school graduates (CBP, 2000)
PCG: Percentage of adult population (25+) that are college graduates (CBP, 2000)
PWP: Percentage of population (age 16-64) that are employed (Census, 2000)
Table 2. Selected Measures of Metropolitan Innovative Environment (cont.)
C. Entrepreneurial Environment
PCEST: Percentage change in number of establishments (CBP, 1990-2000)
PEL2O: Percentage of establishments with fewer than 20 employees (BLS, 2000)
INC500: Number of Inc 500 companies per 100,000 population (www.inc500.com, 2000)
VCAP: Venture capital investments ($) per capita (Price Waterhouse Coopers, 2000)
EMB: Percentage of employment in managerial and business professions (BLS, 2000)
Abilene, TX MSAAlbany, GA MSAAlexandria, LA MSAAmarillo, TX MSAAshville, NC MSAAuburn-Opelika, AL MSABeaumont-Port Arthur, TX MSABiloxi-Gulfport-Pascagoula, MS MSAChattanooga, TN-GA MSAClarksville-Hopkinsville, TN-KY MSAColumbus, GA MSACorpus Christi, TX MSADecatur, AL MSADothan, AL MSAEnid, OK MSAEvansville-Henderson, IN-KY MSAFayetteville, NC MSAFayetteville-Springdale-Rogers, AR MSAFlorence, SC MSA
Fort Smith, AR-OK MSAFort Walton Beach, FL MSAGoldsboro, NC MSAGreenville, NC MSAHattiesburg, MS MSAHickory-Morganton-Lenoir, NC MSAJackson, TN MSAJacksonville, NC MSAJonesboro, AR MSAKilleen-Temple, TX MSALafayette, LA MSALake Charles, LA MSALakeland-Winter Haven, FL MSALawton, OK MSALittle Rock-North Little Rock, AR MSALong View-Marshall, TX MSALubbock, TX MSALynchburg, VA MSA
Table 3. Metropolitan Areas in Regional Innovation Systems Cluster Groupings (cont.)
Table 3. Metropolitan Areas in Regional Innovation Systems Cluster Groupings (cont.)
5. Below Average (47) (cont.)
Macon, GA MSAMobile, AL MSAMonroe, LA MSAMontgomery, AL MSAMyrtle Beach, SC MSAOdessa-Midland, TX MSAOwensboro, KY MSAPanama City, FL MSAPine Bluff, AR MSARocky Mount, NC MSASan Angelo, TX MSASavannah, GA MSASherman-Denison, TX MSAShreveport-Bossier City, LA MSASumter, SC MSATuscaloosa, AL MSATyler, TX MSAVictoria, TX MSAWaco, TX MSAWichita Falls, TX MSA
6. Low (18)
Anniston, AL MSA Brownsville-Harlingen-San Benito, TX MSA Danville, VA MSA Daytona Beach, FL MSA El Paso, TX MSA Florence, AL MSA Fort Myers-Cape Coral, FL MSA Fort Pierce-Port St. Lucie, FL MSA Gadsden, AL MSA Houma, LA MSA Huntington-Ashland, WY-KY-OH MSA Johnson City-Kingsport-Bristol, TN-VA MSA Laredo, TX MSA McAllen-Edinburg-Mission, TX MSA Naples, FL MSA Ocala, FL MSA Punta Gorda, FL MSA Texarkana, TX-Texarkana, AR MSA
Table 4. Changes in Aggregate Economic Activity by Cluster Groupings, 1990-2000
Change in Change in Cluster Grouping Employment Population (%) (%)
A. Metro Counties
Outliers (32)a
62.26 44.27
High (58) 42.20 28.25
College Towns (13) 42.61 31.74
Medium (113) 34.51 20.27
Below Average (106) 26.88 14.69
Low (33) 24.27 17.87a Number of metro or nonmetro counties in the cluster grouping.
Table 5. Changes in Aggregate Economic Activity by Cluster Groupings, 1990-2000
Change in Change in Cluster Grouping Employment Population (%) (%) B. Nonmetro Counties
Table 8. Percentage of Metropolitan Labor Force in Professional Occupations, 2000*
* Professional occupations include Computer and Mathematical Operations (15-000); Life, Physical and Social Science. Occupations (19-0000); and Architecture and Engineering Occupations (17-0000)
Leading Southern Metropolitan Areas 1. Huntsville 10.1% 2. Raleigh-Durham-Chapel Hill 8.5 3. Melbourne-Titusville-Palm Bay 8.1 4. Austin 7.7 5. Dallas-Fort Worth-Arlington 6.3 6. Houston 5.9 7. Tallahassee 5.1 8. Atlanta 4.7
South Carolina Metropolitan Areas 13. Charlotte-Gastonia-Rock Hills 3.9% 31. Columbia 3.2 38. Greenville-Spartanburg-Anderson 2.9 39. Augusta-Aiken 2.9 40. Charleston 2.8 69. Sumter 1.8 81. Myrtle Beach 1.6 87. Florence 1.5
Leading Southern Metropolitan Areas 1. Charlottseville 40.1% 2. Raleigh-Durham-Chapel Hill 38.9 3. Gainesville, FL 38.7 4. Bryan-College Station 37.0 5. Austin 36.7 6. Tallahassee 36.7 7. Athens, GA 34.1 8. Atlanta 32.0
South Carolina Metropolitan Areas 10. Columbia 29.2% 19. Charlotte-Gastonia-Rock Hill 26.5 23. Charleston 25.0 58. Augusta-Aiken 20.9 60. Greenville-Spartanburg-Anderson 20.7 74. Florence 18.7 75. Myrtle Beach 18.7 99. Sumter 15.8
Table 9. Share of Adult Population with College Degrees, 2000.
Source: U.S. Census, 2000
Leading Southern Metropolitan Areas 1. Gainesville, FL 88.1% 2. Fort Walton Beach 88.0 3. Melbourne-Titusville-Palm Bay 86.3 4. Tallahassee 85.9 5. Raleigh-Durham-Chapel Hill 85.4 6. Lawton, OK 85.2 7. Fayetteville, NC 85.0 8. Austin 84.8
South Carolina Metropolitan Areas 11. Columbia 84.3% 40. Charleston 81.3 44. Myrtle Beach 81.15 52. Charlotte-Gastonia-Rock Hill 80.5 66. Augusta-Aiken 78.9 93. Greenville-Spartanburg-Anderson 75.4 99. Sumter 74.3108. Florence 73.1
Source: U.S. Census, 2000.
Table 10. Share of Adult Population with High School Diplomas
Table 11. Venture Capital Investments in the South, by State, 1995-2005
Source: PriceWaterhouseCooper Money Tree
Leading Southern Metropolitan Areas 1. Miami – Fort Lauderdale, Fl 27.7% 2. Richmond – Petersburg, VA 14.1 3. Tallahassee, Fl 12.7 4. Austin-San Marcos 12.7 5. Atlanta 12.2 6. West Palm Beach – Boca Raton, FL 12.1 7. Huntington-Ashland, WVA-KY-OH 11.4 8. Raleigh-Durham-Chapel Hill, NC 11.4
South Carolina Metropolitan Areas 25. Augusta-Aiken 9.5% 40. Charleston 8.4 48. Charlotte-Gastonia-Rock Hill 8.0 73. Greenville-Spartanburg-Anderson 7.1 76. Columbia 6.8 90. Sumter 6.2102. Myrtle Beach 5.8109. Florence 5.4
* Source: 1997 Economic Census ** NAICS 54 activities include legal advice and representation; accounting, bookkeeping, and payroll services; architectural, engineering, and specialized design services; computer services; consulting services; research services; advertising services; photographic services; translation and interpretation services; veterinary services; and other professional, scientific, and technical services.
Table 12. Share of Establishments in Professional, Scientific, and Technical Services Industries (NAICS 54), 1997