Michael Porter: "Reshaping Regional Economic Development: Clusters and Regional Strategy"
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On September 29, 2014, Professor Michael Porter delivered a keynote speech at Mapping the Midwest's Future, a conference held in Minneapolis and hosted by the University of Minnesota that officially launched the new U.S. Cluster Mapping tool. His presentation focused on U.S. competitiveness and cluster-based economic development, to reshape the approach to economic development in the U.S. based on a deeper understanding of the drivers of competitiveness in the modern global economy.
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This is so essential to argue about regions driven by clusters and cross-industry specialization! Some of the national level policies are too much concentrated to the framed industry segments. Thanks, Grand Master for great lecture!
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One of the best lectures on clusters and their importance for regional economic development by the Master himself.
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We've watched this three times to fully absorb the content. We are now sharing this with regional and state economic and social leaders. Our firm is working on a regional water asset study to build strategies based upon our strengths (and challenges), and are using (and updating) the cluster mapping tool and your data to change the model in Louisiana. No more Big Game Hunting, Next Big Thing, or Build It and They Will Come for us. Many thanks!
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