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Economics

West Virginia University

Potomac Highlands

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Full-Text Articles in Social and Behavioral Sciences

Regional Industry Cluster Analysis For The Potomac Highlands Region Of West Virginia, Jing Chen, Randall Jackson Jan 2020

Regional Industry Cluster Analysis For The Potomac Highlands Region Of West Virginia, Jing Chen, Randall Jackson

Bureau of Business & Economic Research

Industry clusters are defined as “a form of network that occurs within a geographical location, in which the proximity of firms and institutions ensures certain forms of commonality and increases the frequency and impact of interactions.”1 In this report we identify existing industrial clusters for the Potomac Highlands region in West Virginia and examine potential industries or clusters for economic development. The primary objective of this study is to use a variety of tools to analyze the industry cluster structure for Potomac Highlands and evaluate the strengths and gaps of existing industry clusters. Our cluster analysis comprises three parts: (1) …


An Economic Profile Of The Potomac Highlands Region In West Virginia, Eric Bowen, Christiadi, Brian Lego Jan 2020

An Economic Profile Of The Potomac Highlands Region In West Virginia, Eric Bowen, Christiadi, Brian Lego

Bureau of Business & Economic Research

West Virginia’s Potomac Highlands region—consisting of Grant, Hardy, Hampshire, Mineral, and Pendleton counties—experienced a significant economic disruption in 2015 when the Sugar Grove Naval Station closed its doors. The Naval Station, which was designed to monitor communications transmissions for the military and National Security Agency, made a significant contribution to the Pendleton County economy, and to the broader Potomac Highlands region. This study is part of a series of reports from West Virginia University researchers at the Bureau of Business and Economic Research, the Regional Research Institute, and the Brownfields Assistance Center that evaluate the Potomac Highlands region’s economy and …


Potomac Highlands Workforce And Education Assessment, Christiadi, Eric Bowen Jan 2020

Potomac Highlands Workforce And Education Assessment, Christiadi, Eric Bowen

Bureau of Business & Economic Research

Human capital is a crucial element of any regional economic growth plan, as companies looking to locate or grow in a region require a skilled workforce to meet the demands of their businesses. In this report, we examine human capital in the Potomac Highlands region, focusing on occupational and educational requirements to support the region’s growth over the next five years.


An Action Plan For Economic Prosperity In The Potomac Highlands Region Of West Virginia, Eric Bowen, Patrick Kirby, Monica Miller Jan 2020

An Action Plan For Economic Prosperity In The Potomac Highlands Region Of West Virginia, Eric Bowen, Patrick Kirby, Monica Miller

Bureau of Business & Economic Research

In this final report, we summarize our findings and provide a Strategic Action Plan for the Potomac Highlands region. First, we assess the previous strategic plans covering the region, followed by an analysis of interviews the project team conducted with dozens of employers and other leaders in the community. Lastly, we make our recommendations to enhance the Potomac Highlands region’s economic prosperity.


An Action Plan For Economic Prosperity In The Potomac Highlands Region Of West Virginia: Executive Summary, Eric Bowen, Patrick Kirby, Monica Miller Jan 2020

An Action Plan For Economic Prosperity In The Potomac Highlands Region Of West Virginia: Executive Summary, Eric Bowen, Patrick Kirby, Monica Miller

Bureau of Business & Economic Research

As a result of the closure of the Sugar Grove base, the Pendleton County Commission, in coordination with the Region 8 Planning and Development Council, engaged researchers at West Virginia University to develop a Strategic Action Plan to promote the economic development in the Potomac Highlands Region. The development of the Strategic Action Plan was completed through a four-pronged approach with the completion of: (1) an economic impact analysis of the Sugar Grove Naval Base closure and economic profile of the region; (2) a cluster analysis that made recommendations for industrial targeting based on an assessment of existing economic conditions …