What Creates a Vibrant Headquarters Economy?

Author(s):  
J. Myles Shaver

Building from experiences in the Minneapolis-St. Paul headquarters economy, this chapter advances the building blocks for what creates and sustains a headquarters economy. Managers possess skills that are applicable across a variety of industries. Companies often benefit when they hire managers with different experiences and skills than those existing in the company. This benefit is especially salient when companies hire managerial talent from outside of their industry. Regions with a diverse headquarters base and little outward migration of managerial talent magnify this beneficial effect of cross-industry managerial mobility. Together, managers, mobility, and migration can create a virtuous cycle that strengthens local companies and draws talent to a region.

Author(s):  
J. Myles Shaver

Regional economies characterized by concentrations of headquarters from diverse industries stand out as influential dynamic economies. However, there is little discussion about these “headquarters economies.” Why do some metropolitan areas develop vibrant headquarters economies whereas others do not? The answer lies in understanding the essence of headquarters—the managerial talent pool that guides and governs these companies. By investigating an exemplar headquarters economy—Minneapolis-St. Paul—this book demonstrates that this talent pool (Managers), its movement among companies and industries in a region (Mobility), and the nature of its inflow and outflow from a region (Migration) can create a virtuous cycle that strengthens regional companies and draws in additional talent. Comparing the migration pattern of educated, high-earning individuals across metropolitan areas in the United States, and drawing upon a proprietary survey of thousands of headquarters employees in Minneapolis-St. Paul, the book provides supportive evidence for this dynamic. A central insight of the research is that professional managerial talent is a determinant of regional vitality that has largely been overlooked. The underlying factors of managers, mobility, and migration, although here identified in the context of the Minneapolis-St. Paul headquarters economy, exist in metropolitan areas around the world. This demonstrates the scope of the research findings’ applicability, and highlights the benefit of focusing on these underlying factors.


2017 ◽  
Vol 5 (1) ◽  
pp. 67-77
Author(s):  
Marta Kightley

This paper addresses the topic of the methods used to finance accelerated economic growth in South Korea during Park Chung Hee’s rule (1961–1979). The author describes government policy concerning foreign direct investment and banking credit and takes a position in the dispute between neoclassical and statist economists concerning the mechanisms of the Korean economic miracle. Discussing the issue of financing Korean industrial development, she refers to the economic policy prescriptions described in the Washington Consensus. The author argues that not only did Korea not comply with these prescriptions, but contradictory measures constituted the building blocks of its developmental state policy. The decision to base economic development on local companies facilitated the creation of a comprehensive and strong industrial structure which enabled high economic growth for the following decades. Credit policy implemented by state-owned banks was the main tool for coordinating private-sector investment decisions and ensuring high performance.


Author(s):  
J. Myles Shaver

This chapter highlights the advantages that stem from a headquarters economy compared to other regional economies such as industry clusters or creative economies. It then presents an overarching structure from which to consider public policies that can aid and sustain headquarters economies, and corporate strategies that tap into and aid headquarters economies. In doing this, the chapter highlights managers as key decision-makers who make purposeful choices of where they work and reside. It identifies four key constituents that affect such managerial choices. These constituents are companies, governments, non-governmental organizations, and other individuals within the managerial talent pool.


2007 ◽  
Vol 1058 ◽  
Author(s):  
Chang-Yong Nam ◽  
Douglas Tham ◽  
John E. Fischer

ABSTRACTNanowires have great potential as building blocks for nanoscale electrical and optoelectronic devices. The difficulty in achieving functional and hierarchical nanowire structures poses an obstacle to realization of practical applications. While post-growth techniques such as fluidic alignment might be one solution, self-assembled structures during growth such as branches are promising for functional nanowire junction formation. In this study, we report vapor-liquid-solid (VLS) self-branching of GaN nanowires during AuPd-catalyzed chemical vapor deposition (CVD). This is distinct from branches grown by sequential catalyst seeding or vapor-solid (VS) mode. We present evidence for a VLS growth mechanism of GaN nanowires different from the well-established VLS growth of elemental wires. Here, Ga solubility in AuPd catalyst is limitless as suggested by a hypothetical pseudo-binary phase diagram, and the direct reaction between NH3 vapor and Ga in the liquid catalyst induce the nucleation and growth. The self-branching can be explained in the context of the proposed VLS scheme and migration of Ga-enriched AuPd liquid on Ga-stabilized polar surface of mother nanowires. This work is supported by DOE Grant No. DE-FG02-98ER45701.


Author(s):  
Eman Sharara ◽  
Chaza Akik ◽  
Michela Martini ◽  
Jocelyn DeJong

Background: The WHO Region for the Eastern Mediterranean has had a history of complex migration patterns, with high levels of migration to, from and within the Region, overlaid by massive recent forced displacement. Relatively little is known about the health system response to this large-scale mobility. Aims: To review the literature on the Region critically, identify gaps and suggest areas needing research and policy attention. Method: A search of the published literature using MEDLINE and POPLINE was conducted on health and migration focusing on the WHO health system building blocks with no date or language limitations. Results: Out of 4679 retrieved articles published between 1964 and January 2019, 140 met our inclusion criteria; 45 additional articles were included in a December 2020 update. Most publications focused on refugees and on the delivery of services. Conclusions: Few studies explored the responsiveness of health system to refugees and migrants compared with those for host communities, or assessed the quality of services or refugees’/migrants’ perceptions of available health services. Few suggested new approaches to financing health care access for these populations or new governance arrangements.


Author(s):  
J. Myles Shaver

This chapter presents metropolitan areas around the world with concentrations of headquarters of the world’s largest companies. From here, the chapter discusses how the insights from the research presented in the book can be applied across many different metropolitan areas. Of note is that a headquarters economy need not be an exclusive source of regional vitality. It can co-exist with other sources of regional vitality; however, focusing exclusively on these other sources can mask the importance of the headquarters economy dynamics. The chapter then revisits the importance of considering headquarters as pools of managerial talent and the implications that stem from this. It concludes by discussing limitations of the research and avenues for further development.


2019 ◽  
Author(s):  
Seiya Yamada ◽  
Ayaka Sato ◽  
Shin-ichi Sakakibara

SUMMARYEngagement of neural stem/progenitor cells (NSPCs) into proper neuronal differentiation requires the spatiotemporally regulated generation of metabolites. Purines are essential building blocks for many signaling molecules. Enzymes that catalyze de novo purine synthesis are assembled as a huge multienzyme complex called “purinosome”. However, there is no evidence of the formation or physiological function of the purinosome in the brain. Here, we showed that a signal transduction ATPases with numerous domains (STAND) protein, NACHT and WD repeat domain-containing 1 (Nwd1), interacted with Paics, a purine-synthesizing enzyme, to regulate purinosome assembly in NSPCs. Altered Nwd1 expression affected purinosome formation and induced the mitotic exit and premature differentiation of NSPCs, repressing neuronal migration and periventricular heterotopia. Overexpression/knockdown of Paics or Fgams, other purinosome enzymes, in the developing brain resulted in a phenocopy of Nwd1 defects. These findings indicate that strict regulation of purinosome assembly/disassembly is crucial for maintaining NSPCs and corticogenesis.


Author(s):  
J. Myles Shaver

A key argument in Chapter 3 is that low levels of outward migration accelerate the positive dynamic of managerial mobility across companies and industries within a region. This chapter examines the migration patterns of employed, highly educated, high-earning individuals (i.e., the demographic in which professional managerial talent belong) across the largest metropolitan areas in the United States. As expected, Minneapolis-St. Paul has the lowest or among the lowest rate of outward migration over forty years, and over that time period the region consistently adds to this talent pool. In addition, this migration pattern is pronounced for employed, highly educated, high-earning individuals with school-aged children. The chapter introduces the Talent Migration Map to help discern different migration dynamics.


The results revealed that all the development indicators are abysmally low for the Scheduled Tribes, particularly for the PVTGs, that is, these groups in Kerala were excluded during the human development lopsided growth period. When growth started picking up during the last two decades, the human development status of the Scheduled Tribes did not see any perceptible improvement. The major reasons for Kerala's human development lopsided state, including historical factors, struggle for social reforms, land reforms, and spread of education, particularly female education, did not influence the tribal population in Kerala. Urbanization and welfare programmes triggered the virtuous cycle of growth in Kerala, and migration and resulting remittances led to growth reinstated by human development. However, the Scheduled Tribes in Kerala were not part of the growth triggers and human development triggers which kept them in a low state of human development in the virtuous cycle phase too.


2012 ◽  
Vol 32 (3) ◽  
pp. 171-205 ◽  
Author(s):  
Nazli Avdan

AbstractThis paper examines the relationship between states’ migration control policies and human trafficking in origin, transit and destination states. Using cross-sectional data on states’ visa policies for 192 states and indicators for human trafficking from the Global Patterns report by the United Nations Office on Drugs and Crime, the paper analyses feedback mechanisms between policies and trafficking. The empirical evidence suggests that, contrary to the pessimistic predictions of policy scholarship, the feedback is characterised by a virtuous mechanism. Firstly, the results show that, in line with expectations of security studies, states tighten visa policies in response to trafficking threats. Origin and transit states face a greater number of restrictions on travel. Similarly, destination states of trafficking impose tighter controls. Secondly, visa restrictions against origin and transit countries mitigate trafficking from and through these states. Finally, the paper demonstrates that the vicious effect whereby stricter policies exacerbate trafficking pertains mostly to destination states’ visa policies and to visas imposed at borders.


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