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What does the research tell us?

UNDERSTAND • CONNECT • MOBILIZE. Planning the Transition to a Broadband Economy. What does the research tell us?. Dr. Terri MacDonald Regional Innovation Chair in Rural Economic Development Selkirk College. Guiding Questions.

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What does the research tell us?

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  1. UNDERSTAND • CONNECT • MOBILIZE Planning the Transition to a Broadband Economy What does the research tell us? Dr. Terri MacDonald Regional Innovation Chair in Rural Economic Development Selkirk College

  2. Guiding Questions • What fundamental concepts can help us understand the “broadband economy”? • How is the Basin-Boundary economy changing? • Do these changes suggest a shift toward broadband-dependent industries? • What can we do to support the transition to a broadband economy?

  3. Characteristics of The Broadband Economy • A challenge and an opportunity for rural communities • Characterised by: • Mobility (capital) • Collaboration • Innovation • Flourishes with: • Skilled labour force • Adaptable business and government • Strong participation from Intelligent Communities

  4. Intelligent Communities • Beyond “wired” or “smart” to “intelligent” • Use broadband to drive prosperity and inclusion

  5. Change in Employment by Sector Kootenay DR Source: BC Checkup

  6. Change in Employment by Sector Thompson Okanagan DR Source: BC Checkup

  7. Change in Employment by Sector Kootenay DR, 2000-2012 Source: Labour Force Survey

  8. Change in Employment by Sector British Columbia, 1987-2013 Source: Labour Force Survey

  9. Change in Wage by Sector British Columbia, 2006 - 2012

  10. Change in Wage by Sector Kootenay Development Region, 2006 - 2012

  11. Historic Sales Trend by Sector Basin-Boundary Region (Survey of 558 Businesses) Source: Columbia Basin-Boundary BRE Project

  12. Business Expansion Constrained by Broadband Access Basin-Boundary Region Barriers to Expansion (# of Businesses) Expansion Constrained by Broadband (# of Businesses) Source: Columbia Basin-Boundary BRE Project

  13. Rating of Broadband Quality Basin-Boundary Region Source: Columbia Basin-Boundary BRE Project

  14. Barriers to Growth in the Region Basin-Boundary Region Source: Columbia Basin-Boundary BRE Project

  15. College Enrolment by Program Selkirk College, 2000-2012 Source: Selkirk College

  16. Transitioning to the ‘New Economy’ • Knowledge economy - less volatile, draws the creative class / amenity migrants • Resource economy – still key, need to find ways to support technology adoption • Its not just about infrastructure, but infrastructure is an essential amenity attractant

  17. Transitioning to the Broadband Economy • Innovative companies and institutions are critical • Education and collaboration are at the heart of our transition • Technology to transform learning • Equip students with digital skills • Create culture of excellence for all (learning region) • Educate ‘skilled’ AND ‘knowledge’ workers

  18. Innovation Triangle Success Factors

  19. Colleges Supporting Technology Adoption • Geospatial and Digital Media expertise – support to 222 companies: • Training to 142 companies & 175 employees • Advisory services to 29 companies • Direct support to 11 companies • Lessons Learned: • Build relationships and partnerships – serve as part of the ‘landscape’ • Assess needs and manage expectations • Get students involved & build capacity by doing

  20. UNDERSTAND • CONNECT • MOBILIZE Planning the Transition to a Broadband Economy www.cbrdi.ca Dr. Terri MacDonald Regional Innovation Chair in Rural Economic Development Selkirk College

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