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Urban Studies and Planning Commons

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Center for Economic Development

Series

2022

Articles 1 - 11 of 11

Full-Text Articles in Urban Studies and Planning

An Examination Of Incentive Programs To Attract Remote Workers, Molly Schnoke, Jack Yochum, Madeline Frantz, Georgina Figueroa Oct 2022

An Examination Of Incentive Programs To Attract Remote Workers, Molly Schnoke, Jack Yochum, Madeline Frantz, Georgina Figueroa

All Maxine Goodman Levin School of Urban Affairs Publications

In 2020, the Covid-19 pandemic changed the nature of work for many Americans, and the use of these attraction programs escalated quickly. Remote work attraction has quickly become a valuable strategy for municipalities aiming to bolster and target their economic development. The rise of this tool, with its focus on individual community investment rather than traditional models of employer attraction or workforce development, has the potential to reshape economic development policy at the local level. This brief explores the nature of these programs: where they are, what they offer, their conditions, and their early indicators of success.

In order to …


Innovation Policy Landscape: Federal And State Innovation Policies And Programs Across The United States, Iryna Lendel, Shannon Driscoll Jul 2022

Innovation Policy Landscape: Federal And State Innovation Policies And Programs Across The United States, Iryna Lendel, Shannon Driscoll

All Maxine Goodman Levin School of Urban Affairs Publications

The study reviews state science and innovation policies across the United States. This research informs the state of Ohio innovation initiatives on the landscape of science and innovation federal and statewide policies in other states, highlights similarities and differences of the policies, and develops a typology of the policies. Special attention is given to the group of benchmark states for Ohio. The research was presented to JobsOhio and other attendees at the CIPPO conference on July 13, 2022.


Aspirational Industries For Workforce Development In Youngstown, Iryna Lendel, Iryna Demko, Scott Corsi, Madeline Frantz Jul 2022

Aspirational Industries For Workforce Development In Youngstown, Iryna Lendel, Iryna Demko, Scott Corsi, Madeline Frantz

All Maxine Goodman Levin School of Urban Affairs Publications

Youngstown faces a transforming economy, contributing to a growing workforce gap in the region as legacy industries invest in advanced technologies requiring new and increasingly specialized skills. This report identifies Youngstown industries that provide opportunities for workforce development through analysis of regional wage and productivity trends between 2019 and 2020, as well as an examination of regional competitive advantage using shift share analysis. We found that seven of the region’s forty-seven economic base and aspirational industries demonstrated strength in all three areas of analysis, with strong representation from within the manufacturing sector and related industries like construction suppliers and equipment …


The Impact Of Covid-19 On Ohio's Supply Chain, Iryna Lendel, Iryna Demko, Georgina Figueroa, Matthew Saneda Jul 2022

The Impact Of Covid-19 On Ohio's Supply Chain, Iryna Lendel, Iryna Demko, Georgina Figueroa, Matthew Saneda

All Maxine Goodman Levin School of Urban Affairs Publications

This study examines the changes in four of Ohio’s economic sectors from 2019 to 2020 in order to analyze the effect of COVID-19 Ohio supply chains. Through this analysis, our goal is to identify changes during the pandemic and determine future growth opportunities in Ohio’s supply chain. The four sectors chosen to be studied are High Tech and Innovation, Agriculture, Manufacturing, and Health Care. Each of these four sectors includes several industries; High Tech and Innovation includes 6, Agriculture includes 19, Manufacturing includes 328, and Health Care includes 10.

To best understand the overall changes in the sectors from 2019 …


Moving Cleveland Above The Trend: Polarization, Iryna Lendel, Molly Schnoke, Frantz Madeline Jun 2022

Moving Cleveland Above The Trend: Polarization, Iryna Lendel, Molly Schnoke, Frantz Madeline

All Maxine Goodman Levin School of Urban Affairs Publications

No abstract provided.


Resource Gaps For Minority Entrepreneurs: Toledo Business Survey And Interviews Findings, Iryna Lendel, Jack Yochum, Madeline Frantz, Georgina Figueroa Jun 2022

Resource Gaps For Minority Entrepreneurs: Toledo Business Survey And Interviews Findings, Iryna Lendel, Jack Yochum, Madeline Frantz, Georgina Figueroa

All Maxine Goodman Levin School of Urban Affairs Publications

This publication details the state of Toledo’s Entrepreneurial Ecosystem (EE) through the lenses of service providers and clients. The Center conducted a total of 12 interviews with service providers across the Toledo EE to uncover the strengths, weaknesses, and gaps in the services the Business Growth Collaborative (BGC) provided. We combined this with survey responses from entrepreneurs in the region to identify how their perceptions of the EE were consistent with and differentiated from those of the service providers. This report closes by providing actionable items for the BGC to pursue that directly address the gaps in support.


The Nasa John H. Glenn Research Center: An Economic Impact Study Fiscal Year 2021, Iryna Lendel, Georgina Guadalupe Figueroa Jun 2022

The Nasa John H. Glenn Research Center: An Economic Impact Study Fiscal Year 2021, Iryna Lendel, Georgina Guadalupe Figueroa

All Maxine Goodman Levin School of Urban Affairs Publications

The NASA John H. Glenn Research Center, located in Cleveland and Sandusky, Ohio, continues to create vast economic benefits within the regional economies of Northeast Ohio and Ohio by employing local labor, paying high wages to their employees who spend most of their income locally, engaging local contractors, and collaborating with local higher education institutions, providing them with research grants and contracts. This study uses a multi-regional input-output (I-O) model to estimate the effect of NASA Glenn Research Center's spending on the economies of Northeast Ohio and Ohio. For the total economic impact in the state of Ohio in 2021, …


Measuring The Economic Impact Of Employee Stock Ownership Plans (Esops) On Ohio, Michael Palmieri, Iryna Demko May 2022

Measuring The Economic Impact Of Employee Stock Ownership Plans (Esops) On Ohio, Michael Palmieri, Iryna Demko

All Maxine Goodman Levin School of Urban Affairs Publications

This study focuses on Ohio companies with an Employee Stock Ownership Plans (ESOPs) - the most common form of employee ownership in the U.S. Literature on the positive impacts of employee ownership at the individual and company level has grown in recent decades finding that individual employee-owners have longer tenure, more household wealth, higher wages, larger retirement accounts, and opportunities to participate in company decisions. At the company level research finds that employee-owned companies perform better than conventional companies on several performance metrics including overall survival rates, productivity, employment growth, and sales. Findings from both individual and company level studies …


Federal Assistance To Youngstown: Evidence From The Paycheck Protection Program, Iryna Demko, Georgina Guadalupe Figueroa, Apr 2022

Federal Assistance To Youngstown: Evidence From The Paycheck Protection Program, Iryna Demko, Georgina Guadalupe Figueroa,

All Maxine Goodman Levin School of Urban Affairs Publications

This presentation examines trends in federal assistance to Youngstown businesses through the Paycheck Protection Program (PPP) in 2020 and 2021. During this time, the Youngstown region received 13,061 PPP loans totaling $1 billion, reaching at least one small business in every Youngstown’s zip code. Most approved loans covered employees’ wages, helping to keep 130,170 workers on payroll during the Covid-19 pandemic. In 2021, PPP loans reached smaller businesses, with an average of 5 employees per business, compared to 17 employees in 2020.


An Empirical Review Of The Paycheck Protection Program - Congressional Testimony, Iryna Demko Mar 2022

An Empirical Review Of The Paycheck Protection Program - Congressional Testimony, Iryna Demko

All Maxine Goodman Levin School of Urban Affairs Publications

Dr. Iryna Demko, Research Associate at the Center for Economic Development, testified at the hearing of the U.S. House Committee on Small Business on the Paycheck Protection Program. The Paycheck Protection Program (PPP) has been one of the largest economic stimulus programs in U.S. history. In 2020 and 2021, the SBA disbursed over $800 billion in Paycheck Protection Program (PPP) loans to help small businesses keep their employees on payroll during the Covid-19 pandemic.


Covid-19 Impact On The Economic Vitality Index Of Ohio’S 88 Counties, Iryna Lendel, Georgina Guadalupe Figueroa, Iryna Demko, Jack Yochum Feb 2022

Covid-19 Impact On The Economic Vitality Index Of Ohio’S 88 Counties, Iryna Lendel, Georgina Guadalupe Figueroa, Iryna Demko, Jack Yochum

All Maxine Goodman Levin School of Urban Affairs Publications

This brief illustrates the results of the updated 2020 Economic Vitality Index (EVI) to understand the overall economic impact of the pandemic, including the role of the economic stimuli and related policy responses. This update of the 2019 EVI shows how Ohio’s 88 counties have been affected by COVID-19.