Occupational Competitiveness Analysis of the U.S. Transportation and Logistics Cluster

2020 ◽  
Vol 2674 (1) ◽  
pp. 249-259
Author(s):  
Indraneel Kumar ◽  
Lionel J. Beaulieu ◽  
Andrey Zhalnin ◽  
Chun Song
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Workforce Development ◽  
Industry Cluster ◽  
Location Quotient ◽  
Knowledge Based ◽  
Development Policies ◽  
Staffing Patterns ◽  
Cluster Location ◽  
The U.S

This paper explores occupational or human capital attributes of transportation and logistics clusters in the U.S., by analyzing logistics clusters, such as Memphis and uncovers the differences in occupations or knowledge and skill contents of the workforce. The research builds on previous studies funded by the U.S. Economic Development Administration on U.S. occupation clusters providing insights on logistics clusters from a human capital perspective. The study draws specifically from the industry-and-occupation cluster crosswalks building on previous research on occupation cluster industry cluster-location quotient (OCIC-LQ), and recent research on computerization and automation of occupations. The research questions include how knowledge occupation clusters differ in specialization within the select logistics clusters. How can occupation clusters inform the traditional cluster-based economic development policies in the U.S.? How might automation impact the logistics cluster? The findings show that transportation and logistics clusters are unique in knowledge-based occupations with some commonalities found in different locations. Based on occupational and staffing patterns, nearly 71% of occupations or tasks and activities within the transportation and logistics cluster in Memphis is at risk of automation. The research builds a case for place-based cluster development and people-based workforce development for transportation and logistics cluster in the U.S.

scholarly journals The Industry Cluster Approach for Tourism Development of Central Vietnam

2016 ◽  
Vol 11 (5) ◽  
pp. 167 ◽  
Author(s):  
Truong Hong Trinh
Keyword(s):  
Cluster Analysis ◽  
Economic Development ◽  
Value Chain ◽  
Regional Economic Development ◽  
Production Network ◽  
Economic Activities ◽  
Industry Cluster ◽  
Location Quotient ◽  
Regional Economic ◽  
Central Vietnam

Industry cluster is frequently mentioned in the literature of the regional economic development, but there are a few studies about identifying competitive clusters in the region. For this reason, the paper approaches cluster analysis for identifying competitive clusters in Central Vietnam. From location quotient and shift-share analysis, the result reveals that tourism cluster is a competitive cluster for the regional economic development. Then, the study develops the tourism cluster in central Vietnam that includes tourism cluster profile, tourism production network, and tourism value chain. Moreover, the study result provides a basic framework for industry cluster analysis that help policy makers and economic developers to understand economic activities, characteristics of competitive cluster and supranational characters in the regional economy, then deliver strategy and policies for tourism cluster development of Central Vietnam.

A People-centred Approach to Economic Development (PCED): Brokering Economic Inclusion as a Route Way to Improving Competitiveness

2009 ◽  
Vol 24 (6-7) ◽  
pp. 473-486 ◽  
Author(s):  
Mandy Crawford-Lee ◽  
Phillip Hunter
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Workforce Development ◽  
Global Economy ◽  
Knowledge And Skills ◽  
Industrial Economy ◽  
Know How ◽  
Goods And Services ◽  
The Past ◽  
Local Areas

This paper outlines support for adopting a people-centred approach to economic development that has been taken forward in West Yorkshire — an approach that recognises that prosperity in a global economy is driven by ideas, information and knowledge. This is very different to the industrial economy of the past. It presents both a model for an integrated workforce development system and a framework for improving linkages between human capital and economic development. Indeed, it is understood that it is those local areas with a strong, adequately skilled, human capital base that are best placed to utilise knowledge and to transfer this know-how into cutting-edge techniques for the production of goods and services. As such, investment in people's knowledge and skills is a crucial aspect of achieving sustained economic growth in a networked, knowledge-driven, global economy.

Study on the Measurement of Logistics Industry Cluster

2014 ◽  
Vol 488-489 ◽  
pp. 1395-1399
Author(s):  
Mei Han ◽  
Yan Hui Han ◽  
Chao Chen
Keyword(s):  
Economic Development ◽  
Industrial Cluster ◽  
Industrial Clusters ◽  
City Logistics ◽  
Industry Cluster ◽  
Regional Competitiveness ◽  
Location Quotient ◽  
Logistics Industry ◽  
Planning Policy ◽  
Logistics Networks

The cluster theory has become one of the main concepts promoting regional competitiveness, innovation, and growth. Among the measurements, the Location Quotient has been widely adopted by researchers in measuring logistics industrial cluster. This paper tries to measure the degree of logistics industrial cluster for 21 national logistics nodes cities of China with the help of Location Quotient. The results obtained from these regions can be transferred to national logistics nodes cities planning policy attempting to encourage city logistics networks. As a result, it is generally acknowledged that these logistics industrial clusters influence regional economic development.

Assessing the Effect of Resilience Policies Directed toward Public Goods, Institutions, and Leadership

2017 ◽  
Author(s):  
Harold Wolman ◽  
Howard Wial ◽  
Travis St. Clair ◽  
Edward Hill
Keyword(s):  
Public Policy ◽  
Human Capital ◽  
Economic Development ◽  
Public Goods ◽  
Workforce Development ◽  
Research Literature ◽  
Civic Action ◽  
Economic Resilience ◽  
Development Organizations ◽  
Time Frames

In chapters 6, we ask whether the most common intentional efforts to bring about recovery through public policy or civic action that we identified in the previous two chapters was likely to have made a difference. We do so by first, setting forth and discussing the logic underlying the policy, i.e., why and under what circumstances the policy might (or might not) be expected to have an effect on regional economic resilience or development. We then summarize the existing research literature that evaluates the specific policies and over what time frames they are likely to occur. Chapter 6 considers approaches related to the provision of public goods and to improve the operation of the region’s economy: human capital, education, and workforce development; infrastructure improvement; amenity improvement and creation; restructuring of economic development organizations; and leadership.

Comparison of the Characteristics of Small Business in China and the U.S.

2013 ◽  
Vol 12 (5-6) ◽  
pp. 661-679
Author(s):  
Xinyue Ye ◽  
Mark Leipnik
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Small Business ◽  
Cultural Differences ◽  
Small Businesses ◽  
Local Economic Development ◽  
Business In China ◽  
Local Nature ◽  
The U.S ◽  
Geographic Perspective

Abstract This research deepens the existing literature on the local nature of the globalization of business. The authors argue for a comparative perspective in the study of small business in China and the U.S. At the same time, we investigate the roles of institutions and human capital in local economic development. The analysis of these phenomena are conducted based on a geographic perspective, since the desire for wealth and entrepreneurial motives may be universal, but national and regional realities and cultural differences can influence the choice and success of methods to initiate and promote small businesses.

A model of the analysis of the dynamics and structure of socio-economic development (an example of the set of the largest Polish cities in the years 1998–2015)

2019 ◽  
Vol 63 (1) ◽  
pp. 25-37
Author(s):  
Lidia Mierzejewska ◽  
Jerzy Parysek
Keyword(s):  
Principal Component Analysis ◽  
Economic Development ◽  
Development Process ◽  
Principal Component ◽  
The State ◽  
Geographical Research ◽  
Development Policies ◽  
Socio Economic Development ◽  
Development Processes ◽  
State Of Affairs

Abstract The complexity of the reality studied by geographical research requires applying such methods which allow describing the state of affairs and ongoing changes in the best possible way. This study aims to present a model of research on selected aspects of the dynamics and structure of socio-economic development. The idea was to determine whether we deal with the process of reducing or widening the differences in terms of individual features. The article primarily pursues a methodological goal, and to a lesser extent an empirical one. The methodological objective of the paper was to propose and verify a multi-aspect approach to the study of development processes. The analyses carried out reveal that in terms of the features taken into account in the set of 24 of the largest Polish cities the dominating processes are those increasing differences between cities, which are unfavourable in the context of the adopted development policies aiming at reducing the existing disparities. In relation to the methodological objective, the results of the conducted research confirm the rationale of the application of the measures of dynamics and the feature variance to determine the character (dynamics and structure) of the socio-economic development process of cities. Comparatively less effective, especially for interpretation, is the application of principal component analysis and a multivariate classification, which is mainly the result of differences in the variance of particular features.

Transformation of the intellectual capital structure and a growth in the significance of its components – human capital and intellectual property – in today's economy

2020 ◽  
Vol 16 (4) ◽  
pp. 745-758
Author(s):  
S.N. Larin ◽  
E.Yu. Khrustalev ◽  
N.V. Noakk
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Intellectual Property ◽  
Intellectual Capital ◽  
Global Economy ◽  
Information Technologies ◽  
Economic Community ◽  
Intellectual Activity ◽  
Accelerated Growth ◽  
Definition Of

Subject. Currently, as the global economy evolves, its innovative components should demonstrate a tendency of accelerated growth as intellectual capital, information technologies, increasing knowledge and digitization of mushrooming production processes. Nowadays, intellectual capital is one of the economic development drivers. However, the economic community is found to have no generally accepted wording of the concept, thus laying the basis for this article. Objectives. The study sums up the analysis of approaches used by the Russian and foreign economists to determining the economic substance of intellectual capital. We also identify the importance of human capital as its components and specify the definition of the concept. Methods. The article overviews and analyzes proceedings by the most renowned authors, which substantiate how the economic substance of intellectual capital should be unveiled, and suggest its definitions. Results. We specified the definition of intellectual capital concerning the current economic development. We suggest integrating a new component into intellectual capital, such as intellectual property, which includes products of intellectual activity and intangible assets. They can be owned by the entity or other legal entities and individuals, including some employees of the entity. Conclusions and Relevance. The specified definition of intellectual capital will help address issues of sustainable economic development and ensure the competitiveness of the Russian entities nationwide and worldwide, since it directly contributes to intellectual capital and its components.

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