1

Introduction to the Course

Overview of class

What is economic development

2

Fundamental concepts of economic development

In class assignment: Economic development theory "IQ"

Reading :

--Koven and Lyons, Chapter 1, Chapter 5, pp. 139-145

3

Overview of the Strategic Planning Process

Reading :

-- US Department of Commerce, Economic Development Administration (2000) Comprehensive Economic Development Strategy Guidelines, Washington , DC .

http://www.eda.gov/Research/PlanForEcoDev.xml

--Bendavid-Val, Chapters18, 19, 20

--Koven and Lyons, Chapter 6, especially Worksheet 6-1

4

Profiling an Economy: Questions, Unit of Analysis, Data Sources

Reading :

--Reamer, Andy and Cortright, Joseph, Socioeconomic Data for Economic Development:
An Assessment, Washington , DC : U.S. Economic Development Administration, 1999., Chapter 2, http://www.eda.gov/ImageCache/EDAPublic/documents/pdfdocs/1g3_5f2_5fedarept_2epdf/v1/1g3_5f2_5fedarept.pdf

--Review EconData.Net - Guide to Regional Economic Data on the Web, www.econdata.net

--Review state of Georgia sites:

Georgia Department of Labor: http://www.dol.state.ga.us/wp/

GeorgiaFacts.net: www.georgiafacts.net

5

Indicator Development

Expert Practitioner: Alfie Meek, Division Director, Gwinnett County Government Forecasting and Research

Reading :

--Review Web site, Gwinnett County Government Forecasting and Research, http://www.co.gwinnett.ga.us/cgi-bin/bvgwin/egov/page.jsp?aolFX=y&pm=Departments%7CFinancial+Services&sm=Forecasting+%26+Research

6

Analyzing Regional Economic Structure: Measures and Methods To Understand Economy Composition - Economic Base Analysis, Location Quotients, Shift Share Analysis, Multipliers

*Class will be held in the computer lab for in class assignment

Expert Practitioner: Robert Lann, Director of Research, Economic Development Institute

Reading :

--Bendavid-Val, Chapter 7

--Ronald Hustedde, Ron Shaffer, and Glen Pulver, Community Economic Analysis: A How To Manual. Washington , D.C. : U.S. Environmental Protection Agency, December 1993,

http://www.epa.gov/greenkit/pdfs/howto.pdf , Multipliers, pp. 8-14, Location Quotients, pp. 25-28, Shift Share Analysis, pp. 30-34.

7

Analyzing Regional Economic Relationships: Input/Output Concepts and Measures

*Class will be held in the computer lab for in class assignment

Expert Practitioner: Robert Lann, Director of Research, Economic Development Institute

Reading :

--Bendavid-Val, Chapter 8, Chapter 13

8

Analyzing Regional Economic Relationships: Fiscal Impact Analysis

*Class will be held in the computer lab for in class assignment

Expert Practitioner: Robert Lann, Director of Research, Economic Development Institute

Reading :

--Review Web site: Fiscal and Economic Impact Research, http://www.ceds.gatech.edu/research/index.cfm?Fuseaction=research_fiscal

--Edwards, Mary (n.d.) Community Guide to Development Impact Analysis, http://www.lic.wisc.edu/shapingdane/facilitation/all_resources/impacts/analysis_intro.htm

--Applications of Economic Development Impact Analysis

Review of case studies of economic development impact.

Shapira, Philip and Jan Youtie (1996), Assessing GMEA's Economic Impacts: Towards a Benefit-Cost Methodology. [PDF]

9

Trends in Regional Economic Analysis:

*Class will be held in Room 303, D.M. Smith Building

Expert Practitioner: Cliff Lipscomb , U.S. Bureau of Economic Analysis

Reading :

--Review BEA Web site, especially:

http://www.bea.doc.gov/bea/about/AcctIntros/Industry_overview.pdf

http://www.bea.doc.gov/bea/dn2/iedguide.htm#aia

10

Examination

11

Discuss examination

12

Introduction to Geographic Information Systems for Assessing Economic Development Opportunities

*Class will be held in the computer lab for in class assignment

Expert Practitioner: Paul Counts, Senior Research Assistant, Economic Development Institute

Reading :

--Review ESRI Web site, Key GIS Concepts

http://www.esri.com/software/arcgis/concepts/overview.html

13

Georgia Resource Center

*Class will be held at the Georgia Power offices, first floor, Busbee Center for Global Economic Development & Innovation

Technology Square, 75 Fifth Street, NW

Expert Practitioner: Roy Plott, Georgia Power Company

Reading :

--Review Georgia Power's Georgia Resource Center Web site

http://www.southerncompany.com/gapower/grc/grc.asp?mnuOpco=gpc&mnuType=sub&mnuItem=eco

14

Midsized City Presentations: Group 1 and 2

15

Midsized City Presentations: Group 3 and 4

16

Innovation at the Regional Level: Theory, Measurement, and Development Outcomes

Reading

--Joseph Cortright, New Growth Theory, Technology, and Learning: A Practitioner's Guide, Washington , DC : U.S. Economic Development Administration, 2001, http://www.eda.gov/ImageCache/EDAPublic/documents/pdfdocs/1g3lr_5f7_5fcortright_2epdf/v1/1g3lr_5f7_5fcortright.pdf

--Shapira, Youtie, Mohapatra (2003). Linking research production and development outcomes at the regional level. Research Evaluation 12 (2) August, 105-116.

--A. Worgan and S. Nunn (2002), "Exploring a complicated labyrinth: some tips on using patent data to measure urban and regional innovation', Economic Development Quarterly, 16(3) August, 229-236.

17

Innovation at the Regional Level: Introduction to Text Mining Tools and Analysis

*Class will be held in the computer lab for in class assignment

Reading :

Web of Science from ISI: http://www.library.gatech.edu/search_locate/databases.html

U.S. Patent and Trade Office: http://www.uspto.org OR http://patents.cos.com

Technology Policy and Assessment Center , Technology Opportunities Analysis, What is TOA?

http://www.tpac.gatech.edu/toa.shtml

Technology Policy and Assessment Center , Hottech, (example of how to use knowledge tools to address policy and planning questions)

http://www.tpac.gatech.edu/hottech/

Additional Resources

Bhaven Sampat (Georgia Tech School of Public Policy) [Presentation PDF, http://www.cherry.gatech.edu/6602/present/Sampat-patents.PDF]

Pavitt, K. L. R. (1985). "Patent statistics as indicators of innovative activities: possibilities and problems." Scientometrics 7(1-2).

Jaffe, A. (1998). "Patents, Patent Citations, and the Dynamics of Technological Change." NBER Reporter.

Jaffe, A. B., M. Trajtenberg, et al. (1993). "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations." Quarterly Journal of Economics 108(3): 577-98.

NBER Patent Database: http://www.nber.org/patents/

National Science Foundation: Science and Engineering Indicators 2004

http://www.nsf.gov/sbe/srs/seind04/start.htm

18

Employment and Labor Market Assessments and Projections -

Reading :

Review BLS Occupational Employment Statistics site http://www.bls.gov/oes/home.htm - especially the overview

Goetz, Stephan J. "Migration and Local Labor Markets", in Scott Loveridge, ed., The Web-Book of Regional Science, published by the Regional Research Institute, Morgantown, WV, 1999, Ch. 1, 2.

http://www.rri.wvu.edu/WebBook/Goetz/contents.htm

Additional Resources

Gauging Metropolitan "High-Tech" and "I-Tech" Activity, Chapple K.; Markusen A.; Schrock G.; Yamamoto D.; Yu P., Economic Development Quarterly, February 2004, vol. 18, iss. 1, pp. 10-29(20). (Related publications also in the February 2004 issue)

Florida, Richard. 2000. "The Economic Geography of Talent," Working Paper. Pittsburgh : Carnegie-Mellon University , http://www.heinz.cmu.edu/~florida/pages/pub/working_papers/economic_geography_talent_graphs.pdf

19

Creativity and Economic Development

Reading :

Florida , Richard, 2002. The Rise of the Creative Class. New York , Basic Books., Appendix, pp. 327-352.

Visa's Innovation Index: http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20041011005184&newsLang=en

20

Knowledge-Based Midsized City Presentations: Group 1 and 2

21

Knowledge-Based Midsized City Presentations: Group 3 and 4

22

Special topics in economic development research: using lifestyle clusters

Guest practitioner: Ann O'Neill, Director, Tourism and Regional Assistance Center

23

Cluster Analysis

Reading :

--Edward M. Bergman and Edward J. Feser, Industrial and Regional Clusters: Concepts and Comparative Applications

http://www.rri.wvu.edu/WebBook/Bergman-Feser/contents.htm

--Porter, M. (2001) Clusters of Innovation National Report Presentation. http://www.compete.org/pdf/mp_presentation.pdf

--Porter, M. (2001) Clusters of Innovation Atlanta Clusters Report Executive Summary. http://www.compete.org/pdf/atlanta_ex.pdf

--Yamacraw Cluster Study: http://drummond.gatech.edu/cluster/

Additional Reading

--Articles from Feb 2000 Economic Dev Quarterly Special Issue.

--Review EDA Web site on Cluster-based Economic Development

--http://www.eda.gov/Research/ClusterBased.xml

--Rosenfeld, Stuart (2002). Just Clusters: Economic Development Strategies that Reach More People and Places, Chapel Hill , NC : Regional Technology Strategies.

http://www.cherry.gatech.edu/refs/clusters/rosenfeld-clusters-2002.pdf

24

Enterprise Assessment and Technology Capability at the Regional Level

Reading :

Youtie, J., P. Shapira, and J. David Roessner (1995) Manufacturing Assistance Program Needs Assessment Guide, Volume 1: Regional Needs Assessment Approaches, Aspen Institute, Washington , DC .

http://www.cherry.gatech.edu/mod/pubs/aspen/rnahome.html

Multimedia presentations: (1) Dan Luria - Benchmarking US manufacturing performance; (2) Maryellen Kelly, Determinants of Technology Use by Small and Medium-sized Firms. [RealOne Player required - free download]

Georgia Manufacturing Survey - read one of the survey reports (1994, 1996, 1999, 2002)

http://www.cherry.gatech.edu/survey

25

Evaluating Economic Development

Reading :

Bartik, Timothy. Better Evaluation Is Needed for Economic Development Programs to Thrive. Economic Development Quarterly, May 1994, 8(2), p. 99.

Giloth, Robert P. Stalking Local Economic Development Benefits: A Review of Evaluation Issues. Economic Development Quarterly, February 1992, 6(1), p. 80.

Shapira, P. and J. Youtie, Georgia Manufacturing Extension Alliance : Overview of the Evaluation Plan.

http://www.prism.gatech.edu/~jy5/pubs/e9401.htm