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Economics

Regional Research Institute Technical Documents

2006

Economic development

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Resource Inventory And Assessment: Vision Shared Focus Team On Technology-Based Economic Development, Randall Jackson, Walter R. Schwarm, Russ Lorince, The Focus Team Jan 2006

Resource Inventory And Assessment: Vision Shared Focus Team On Technology-Based Economic Development, Randall Jackson, Walter R. Schwarm, Russ Lorince, The Focus Team

Regional Research Institute Technical Documents

West Virginia's overall competitive position in the area of technology-based economic development is characterized as mixed. While the state does have significant technology assets including federal research laboratories, universities and selected firms, these assets fail to produce substantial spillover benefits to the local population and state as a whole. While West Virginia has a relatively strong technological base, a number of factors serve to inhibit economic growth and technology transference.