Urban Studies and Planning Commons^™

Regional Industry Analysis: An Approach For Economies Large And Smaller, Susan G. Mason, Pengyu Zhu, Jon Van Dyke

Urban Studies and Community Development Faculty Publications and Presentations

Interest in cluster analysis for economic development in regions has been significant over the years. Knowing the strengths and weaknesses of a community’s industry clusters or economic agglomerations can provide regions with resilience to economic changes. Large and smaller economies that are able to identify their industry clusters and know their competitive strengths and weaknesses may be more adaptable and able to thwart the negative effects of economic change. One example of the value of knowing about the strengths and weaknesses of an economy and the potential to shift to new areas of production and service in a local economy …