Understanding State Economies via Industry Studies

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Paper describes key analytical concepts that have shaped some of the most effective efforts in state economic development research and policy formulation.

The first chapter discusses why state governments might choose to conduct focused industry studies. The second chapter presents alternative definitions of industries and suggests that less conventional, analytic approaches to industry studies may provide a richer understanding of state economies.

The third chapter begins by asking what we might want to know about industries or clusters of related industries. The fourth chapter provides general advice about how to conduct an industry study necessary for developing the capacity and knowledge base for sound, long-term strategies to enhance competitiveness.

Aspen Institute Community Strategies Group