East Tennessee`s 21st century jobs initiative: Creating wealth for a sustainable economy
- Univ. of Texas, Austin, TX (United States)
East Tennessee was given a {open_quotes}wake-up call{close_quotes} with regards to its current economic situation and its future employment opportunities in the report, East Tennessee`s 21st Century Jobs Initiatives: Building the Foundations for a 21st Century Economy, by DRI/McGraw-Hill and IC{sup 2} Institute. The foundations of the East Tennessee economy were analyzed and measured to raise awareness of immediate and future challenges for the region`s policy makers and business leaders. The region is technology rich with a nationally and internationally competitive knowledge base. The challenge is to develop this capacity and to exploit existing and new-to-the-world technologies for commercial purposes. How the region organizes itself to incubate, fund, and build an economic infrastructure around emerging technologies will reflect its commitment to shift from a public-sector-driven economy to a private-sector-driven economy. While the region has survived and thrived on federally funded, large-scale programs and projects, this report - East Tennessee`s 21st Century Jobs Initiative: Creating Wealth for a Sustainable Economy - suggests that incremental steps within the region are necessary to enhance the quality of the region`s education, infrastructure, business support and finance; maintain the region`s natural assets and quality of life; and overcome independence and competitiveness challenges. The proposed course is focused and measurable. It takes into account the three elements of technology-based regional economic development discussed throughout the 21st Century Jobs Initiative: (1) industry retention, relocation, and expansion; (2) entrepreneurship; and (3) alliance building for leveraged economic development This report provides an overview of regional research capabilities and technology development activities and suggests a scorecard on which progress can be measured in the transition from a public to a private sector-driven economy.
- Research Organization:
- Tennessee`s Resource Valley, Knoxville, TN (United States)
- Sponsoring Organization:
- USDOE Office of Energy Research, Washington, DC (United States)
- DOE Contract Number:
- FG05-94OR22366
- OSTI ID:
- 589906
- Report Number(s):
- DOE/OR/22366-T2-Pt.2; TRN: 98:001881
- Resource Relation:
- Other Information: PBD: Mar 1996
- Country of Publication:
- United States
- Language:
- English
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