Insights

Cluster & targeting analysis

Electric Vehicles Charging

Leveraging EV Market Momentum to Drive Local Economic Impact

by Luke Shuffield

The increasingly competitive electric vehicles (EVs) market is reshaping the automotive landscape and presenting new opportunities for economic developers. This post examines key strategies for capitalizing on EV growth, including pursuing federal funding, attracting manufacturing investments, and expanding EV charging infrastructure. By focusing on these areas, communities can position themselves to benefit from the accelerating shift toward electrification.

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Placemaking for Innovation

by Erica Colston

While it is often overlooked, placemaking has emerged as an essential factor in building successful innovation ecosystems. Erica Colston’s latest post explores two innovation hubs—North Carolina’s Research Triangle Park and Pegasus Park in Dallas, Texas—to illustrate how placemaking strategies have adapted to succeed in today’s innovation environment.

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Scientist holding lab grown grass

Transforming Cluster Strategies: The Central Indiana Corporate Partnership

by TIP Staff

Cluster strategies are top of mind as a way to strengthen the competitive advantages of a region. An examination of the business-led approach used by the Central Indiana Corporate Partnership (CICP) for more than two decades reveals the keys to CICP’s success. A holistic and collaborative approach to ecosystem building can lay the foundation for sustainable long-term economic growth.

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From Defense-Industrial Complex to Defense-Technology Complex: The US Army Makes its Move

by Alex Cooke

Recognizing the need to more rapidly modernize its forces, the US Army established the Army Futures Command (AFC) in July 2018. AFC represents the most significant reorganization within the Army in almost 50 years. The Army knew that in order to maintain military superiority, it had to transform the way it develops and adopts new technology.

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Three Defense Sector Trends to Watch in 2018

by Alex Cooke

The major theme for the US defense sector in 2018 continues to be uncertainty. Congress remains under immense pressure to raise defense spending due to ongoing military operations, decreased readiness, and aging weapons systems. However, addressing these challenges will require Congress to pass a budget that removes the spending caps mandated by Budget Control Act of 2011, which Washington currently seems unable to accomplish.

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East Kern County, California: Economic Diversification Plan

by John Karras

To help capitalize on its unique advantages, Kern County engaged TIP to lead the preparation of an economic diversification plan for East Kern County. Over the course of a 12-month planning process, TIP worked with Kern County and key partner organizations including the Kern Economic Development Corporation (EDC) and the East Kern Economic Alliance (EKEA) to create a bold and comprehensive set of strategies to accelerate economic development in East Kern.

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