Economic Strategy
Nations, regions, states, and cities all require clear economic strategies that engage all stakeholders, boost innovation and ultimately improve productivity. A collaborative strategy—which is especially critical in times of austerity or economic distress—requires setting priorities and moving beyond long lists of discrete recommendations.
Creating an Economic Strategy: The Value Proposition
The value proposition defines the distinctive competitive position of the area given its assets, location and potential strengths.
- What elements of the business environment can be distinctive strengths relative to peers?
- What strong or emerging clusters can be built upon?
How Should States Compete with Each Other?
