“Hidden” Assets for Economic and Community Development. August 13 , 2014 – LaPorte , IN. Mary Foell Purdue Extension LaPorte County Scott Hutcheson, Ph.D. Purdue Extension Purdue Center for Regional Development. Goals for Today.
August 13, 2014 – LaPorte, IN
Purdue Extension LaPorte County
Scott Hutcheson, Ph.D.
Purdue Center for Regional Development
What were our community’s greatest economic assets 100 years ago?
Bring together Information Technology professionals to foster new ideas for high tech start-ups
LQ = Location Quotient. The US LQ for each cluster is set at 1.00. Anything above that means there is a greater concentration than the overall US. For example, an LQ of 1.80 means that a cluster had 80% more jobs than the US.
Industry Clusters can be nurtured and supported
Appalachian Ohio’s Salsa Cluster
Total of 14 clusters with LQs 1.10 or higher
Number of Establishments (data for 2012)
Think of a high ratio of “small firms” as an asset and launch a business growth program
L.A.’s Sunset Strip
Public space is all around us, a vital part of everyday urban life: the streets we pass through on the way to school or work, the places where children play, or where we encounter nature and wildlife; the local parks in which we enjoy sports, walk the dog and sit at lunchtime; or simply somewhere quiet to get away for a moment from the bustle of a busy daily life. In other words, public space is our open-air living room, our outdoor leisure centre.
The Value of Public Spaces: How High Quality Parks & Public Spaces Create Economic, Social, & Environmental Value, Bartlett School of Planning, University College London.
Three Oaks, MI
Combining Assets in New and Innovative Ways – Linking and Leveraging
No Single Big ANYTHING
Many Modest SOMETHINGS