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- 1. Minnesota’s Workforce Investment and Competitiveness Strategy L. Burke Murphy Workforce and Economic Development Lee W Munnich Humphrey Institute of Public Affairs
- 2. Merging WF and ED MERGING WORKFORCE AND ECONOMIC DEVELOPMENT
- 5. Capstone PA 8081(7) Spring 2010 REGIONAL COMPETITIVENESS PROJECT
- 8. Furniture .29 Building Fixtures, Equipment & Services .88 Fishing & Fishing Products .31 Hospitality & Tourism .78 Agricultural Products .31 Transportation & Logistics 1.27 Competitiveness and Composition of MSP Metro Area Linkages Across Traded Clusters, Location Quotients, 2006 Plastics 1.02 Oil & Gas .33 Chemical Products 1.15 Biopharma- Ceuticals .45 Power Generation .40 Aerospace Vehicles & Defense .09 Lighting & Electrical Equipment 2.05 Financial Services 1.63 Publishing & Printing 1.99 Entertainment 1.14 Information Tech. 1.50 Communi- cations Equipment .49 Aerospace Engines .21 Business Services 1.26 Distribution Services 1.37 Forest Products 1.01 Heavy Construction Services .65 Construction Materials .54 Prefabricated Enclosures .17 Heavy Machinery .84 Sporting & Recreation Goods 1.14 Automotive .53 Production Technology 1.60 Motor Driven Products .97 Metal Manufacturing 1.39 Apparel .26 Leather & Related Products .63 Jewelry & Precious Metals .46 Textiles .20 Footwear .04 Processed Food 1.07 Tobacco .52 Medical Devices 3.51 Analytical Instruments 2.04 Education & Knowledge Creation .90 Note: Clusters with overlapping borders have at least 20% overlap (by number of industries) in both directions. Location Quotient = MSP Industry Job Share / US Industry Job Share Strong Stronger Strongest
- 13. The Minneapolis Saint Paul Region – The Twin Cities of America’s Midwest Placeholder core industry clusters Top research institutions Fortune 500 companies Unique region with major cities Home to over Million people 10+ 20 3 2 10
- 14. Five regional strategies will be key to our success moving forward Corridors of Opportunity Initiative 1 3 Regional Cluster Initiative 4 Regional Economic Development Partnership (REDP) 2 Entrepreneurship Accelerator 5
- 15. Regional economic levers of Metropolitan Business Plan Human capital Innovation and entrepreneurship Spatial efficiency Public and civic institutions Information resources Regional concentrations M N
Notas do Editor
- Coming out of MOC cluster studies - federal and state investments in regional economies Federal WIRED grant of $5 million – connecting 36 counties State invested $600,000 in seed funding for FIRST grants (Framework for Integrated Strategies) shown in map above – inclusive of Wisconsin and Iowa
- One year later = the power of regionalism drives collaboration with four parallel initiatives.
- Clusters are connected If we see oil/gas, we’ll probably see plastics, chemicals, etc. Locations are very important Shows the diversification path that is possible for an economy/country
- Industry clusters are geographic concentrations of interconnected firms and supporting organizations – representing a potent source of productivity and higher wages. Regional concentrations of skills and capital are present – but addressing the challenges and maximizing metropolitan potential requires better information about the basis for clustering and the degree to which industries and occupations are organized. Six Key Criteria • Strength of competitive advantage (existing or emerging) • Potential gain for industry cluster from private‐public collaboration • Degree of geographic distribution in the region • Potential to spur innovation • Potential to spur entrepreneurship • International strength Considering the 6 criteria the mayors choose three industries to begin focusing on: mayoral interviews for the qualitative piece and graduate student cluster diagnosis, analysis, vision and recommendations Cluster approach is about building RELATIONSHIPs
- Reconnect physician base w/cluster Bridge gap between the U and business Need a database of information and resources
- MW-ITP002-20101111-317
- MW-ITP002-20101111-317
- MW-ITP002-20101111-317
- Lee – I put this final piece in so we would wrap up with key points pertinent to driving regional competitiveness – we could just speak off of the last slide I inserted and review the final information we should bring our handout for RCM to Harvard to hand out at this Sunday session. CAN YOU PRINT Color copies – 25?