Document Type

Presentation

Publication Date

10-22-2014

Streaming Media

Publisher

Brookings Mountain West

Abstract

With the U.S. economy still flat, economic experts and leaders continue to search for the next source of U.S. and regional growth. One key component of the next era of prosperity can be projected: It is what the Brookings Metropolitan Policy Program calls the advanced industry (AI) sector. The nation’s most strategic R&D — and STEM worker intensive industries, AIs like aerospace and IT are prime movers of regional and national prosperity, because they are key sources of technology innovation and generate domestic and international exports. Accordingly, the AI swatch of 50 discrete industries has emerged as an important new topic in economic discussions. In keeping with that, this lecture will introduce and describe the AI sector, review its strategic importance for states and regions, and consider the kinds of public strategies that can expand it. Along with national data, the talk will describe the AI sector in Southern Nevada and consider potential development strategies for the region.

Keywords

Economic development; Economics; Technological innovations; Technological innovations--Economic aspects

Disciplines

Business | Economics | Regional Economics | Science and Technology Studies | Technology and Innovation

Language

English


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