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Social and Behavioral Sciences Commons

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Architecture

Laura Wolf-Powers

2012

Regional economic development

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Full-Text Articles in Social and Behavioral Sciences

Human-Capital-Centred Regionalism In Economic Development: A Case Of Analytics Outpacing Institutions?, Laura Wolf-Powers Mar 2012

Human-Capital-Centred Regionalism In Economic Development: A Case Of Analytics Outpacing Institutions?, Laura Wolf-Powers

Laura Wolf-Powers

Drawing on the case of the Delaware Valley Innovation Network, a regional consortium funded under the US Department of Labor, the paper argues that sophisticated analytical tools developed to facilitate workforce- and occupation-led economic development are running ahead of the institution-building required to put new approaches into practice. There are two main reasons for this. First, tensions persist around the role of the public-sector workforce system in regional development initiatives. Secondly, regional stakeholders disagree about whether ‘knowledge economy’ investments should include the training of manufacturing, transport and logistics workers. The documentation of regional occupational specialisations, ‘talent gap’ analyses and the …