The US Bureau of Labor Statistics reported that the unemployment rate in June 2011 was 9.2 percent. This number is unsatisfactory and consistent every month, when millions of Americans struggle to find work.
It is clear that many of the jobs lost over the past few decades and during the Great Recession of 2008 have become extinct. He said that the definition of madness repeatedly does the same thing, also for different results.
Government stimulus packages and extended unemployment benefits are tools for which, William Holstein, author of The Next American Economy - A Plan for Real Recovery, points to structural problems in the American economy. Holstein traveled around the US, writing on globalization and economics for large business publications.
How will our country invent its work in the 21st century and in which sectors? Holstein believes that our economic revival lies in technological clusters and ecosystems.
The following is a brief overview of the situation in America and how it is activated with technology clusters and ecosystems. The topics discussed are also lessons for all US Holstein addresses concerning the current economic problems of the country.
Technology Clusters
Clusters promote knowledge sharing and product innovation. They also advocate technical and business processes, providing dense networks of formal and informal relationships between organizations. Accumulations tend to occur randomly and are difficult to create.
The Orlando technology cluster is based on computer modeling and simulation; and was partially given to military and major US military contractors. solution in the 1950s to find operations in the Orlando area. The influence of Disney in computer games and entertainment also has an impact. Each cluster needs a factory of ideas, and Orlando has about 140 research and development companies located near universities. The "transparency" of ideas is easily promoted. Modeling and modeling are used in many industries. Health care is included because it uses virtual reality to help rehabilitate stroke victims.
Pittsburgh invents itself from the city of steel (mills do not exist today), up to one of the foremost advantages of robotics. Creating advanced robotics systems is complex and complex. They excel at performing repetitive tasks at a car factory, which is a simple, closed automation. The emerging industry lacks the presence of Google or Apple in the city. But regional universities, engineers, and the government are one of its collaborating clusters seeking to see the industry thriving and create new jobs.
San Diego is home to more than 600 life science companies and 700 wireless companies. In the 1970s, science and medicine rarely collaborated. Today, a combination of biotechnology know-how and powerful computing power helps San Diego dominate medical research and development, including Genomics. This opportunity is great for “creative clashes” among students and university professors, business leaders and the regional government. San Diego boasts a high percentage of entrepreneurs with risk and venture capital, which is constantly pursued to ensure further technological advances.
Ecosystems
Technological ecosystems are factories of ideas that embody various scientific and academic disciplines located in close proximity. These include the presence of large, established companies that often invest in start-ups, license their technology and / or sit on their board of directors. Mentor leaders are less experienced leaders of small companies. Government agencies are partners, but companies do not depend on them exclusively. Angelic investors and private sector investors are also key players. There are no guarantees in any ecosystem.
North Carolina will spill its furniture, textiles and tobacco industry. Today it is a state that small and medium-sized companies seek to export, which is the key to creating economic growth, wealth and jobs. Companies that export usually pay higher wages and stay in business longer. Holstein says exports are a huge untapped economic potential. The American export promotion and financing system is fragmented and ineffective. North Carolina triumphs as agencies at the local, state, and federal levels cooperate to promote exports. They provide information to small business managers about exhibitions in foreign capitals. They also play matchmakers with potential distributors and customers, and help companies translate their sales materials into local languages, among other things.
Atlanta, like many US-based manufacturing cities for economic responsibility, has relied heavily on offshoring and outsourcing in recent decades to reduce costs. Today, the city personifies companies that are returning operations to the US soil, a well-known trend, as a “reverse gear”. This is especially true of high technology, telecommunications and health organizations. Rafting around the world to change production and design changes is costly and time consuming. Shipping costs, complex logistics, political unrest and the threat of intellectual property theft are also motivators. Atlas of the ecosystem of regional government, universities and suppliers and logistics among those who seek to revitalize the labor market in the square.
Cleveland is at the forefront of America's twelve colleges for retraining. Cleveland's strength is the retraining of displaced workers in the forties and fifties, which has a strong impact on global employment trends. Current and future workers need a higher set of knowledge-based skills in order to be competitive; and Cleveland supplies. City colleges of the city are less inclined to treat education as a business, as well as school education, which allows the unemployed to quickly move to new, viable careers. Cleveland's educational ecosystem includes local business leaders and government officials. Community colleges can often be more flexible than four-year academic circles. Funding comes from federal, state, and local governments, as well as private foundations.
Lessons for all Americans
Holstein concludes that America is the center of the global economy, and competitive pressure is constant. He believes that we are a culture of creativity, innovation and freedom. Our comparative advantage is our ability to jump over existing technologies while being destructive. To maximize this advantage, future generations need to learn mathematics and scientific skills. This is the only way to thrive in a knowledge-based economy. “This is a defining moment for America, similar to the Great Depression, when we had to evoke a new vision of our future,” he says. “I sincerely believe that we can restore the optimism that many seem to have lost.”
To stay abreast of America's next economy, visit http://www.williamholstein.com.
