Seven States to Increase Economic Capacity and Entrepreneurship through Clusters
| September 25, 2007 |  View for printing |
NGA Center for Best Practices Launches Yearlong Policy Academy
To help states develop better economic policies to improve their competitiveness in the global economy, the National Governors Association Center for Best Practices (NGA Center) today selected seven states—Georgia, Illinois, Iowa, Kentucky, Maryland, Oregon and West Virginia—to participate in a new policy academy entitled State Strategies for Promoting Innovative Clusters and Regional Economies.
The yearlong policy academy will offer state leaders a chance to work with nationally recognized experts and peers from others states to apply contemporary cluster analysis and innovation-based economic development strategies in their states.
Clusters are groups of businesses and related institutions located near one another that draw economic advantages from their mutual proximity and connections. Clusters can boost regional economic capacity and entrepreneurship as well as improve employment and wages. For this reason, states can benefit from designing polices that promote cluster success.
Full Story: http://www.nga.org/portal/site/nga/m ... a01010aRCRD
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