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Western Regional Competitiveness Forum Denver - April 4 & 5, 2002 National Governor’s Association.

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Presentation on theme: "Western Regional Competitiveness Forum Denver - April 4 & 5, 2002 National Governor’s Association."— Presentation transcript:

1 Western Regional Competitiveness Forum Denver - April 4 & 5, 2002 National Governor’s Association

2 Clusters in Rural America Don Macke U.S. Forest Service

3 $ $ $ $ $ $ $ $ $ $ $ $ $ Academies RUPRI Capital Case Study Sites TNC Sites USFS Sites NGA Academy Sites Other Learning Sites $

4 Entrepreneurship & Rural America

5 Importance of Entrepreneurs Pursues Opportunity Lives Proactively Leverages Resources Builds Networks Creates Value

6 Global Entrepreneurship Monitor KCEL & Others 3rd Year Comparative International Study Counties Counties Counties

7 GEM 2000: Entrepreneurship is strongly associated with economic growth! The level of entrepreneurial activity explains 70 percent of the difference in economic growth among nations. All nations with high levels of entrepreneurial activity have above average rates of economic growth. Only a few nations that have above average rates of economic growth have low levels of entrepreneurship.

8 National Commission on Entrepreneurship High-Growth Companies: Mapping America’s Entrepreneurial Landscape. July 2001

9 Major Findings: High-growth companies are truly extraordinary in the economy; fewer than one in twenty U.S. businesses achieve high-growth rates. High-growth companies are found in all regions of the country, often concentrated in the most surprising areas. Most fast-growing, entrepreneurial companies are not in “high-tech” industries. Each one of the 394 regions in the country contains some high-growth companies. Most regions’ high-growth companies concentrate in certain specific industry sectors.

10 28 North Platte, NE 69 Pueblo, CO 128 Fort Collins, CO 127 Laramie, WY 80 Rock Springs, WY 125 Grand Junction, CO 161 Flagstaff, AZ 198 Farmington, NM 112 Sante Fe, NM 173 Denver, CO 126 Colorado Springs, CO Entrepreneurial Growth Company Index

11 High Performing ESOs

12 Mini-Wrapup: Entrepreneurs are Important EGCs are Critical ESOs make the Difference

13 Our Position.... Weaker Rural Economic Performance is Due in Part to Lower Levels of Entrepreneurial Activity?

14 Rural Challenges: People are Entrepreneurial Fewer Entrepreneurs Far Fewer EGCs Inconsistent ESOs Dominance of Extractive Industries

15 NCOE - Sector Number of High- Growth Companies in Sector Number of All Start-Ups Growing to 20 or More Employees in Sector Manufacturing25,2734,566 Business Services28,2545,663 Distributive38,4524,488 Extractive5, Local Market113,00115,656 Retail48,61911,055

16 GEM-Trends Entrepreneurs are Powerful Economic Drivers Entrepreneurship Rates by Industry Grouping... Extractive4% Transforming30% Business21% Consumer45%

17 Opportunity: Energizing Rural Entrepreneurs How?

18 Clusters & Energizing Rural Entrepreneurs

19 Why Clusters? Many reasons It is a remarkably convenient way to organize the rural landscape. Matches state’s sectoral approaches.

20 Rural Reality: SectorPlace

21 Rural America’s Economy Support Activities Natura l Resource Industries Processing Industries Elderly & Retirees America’s Playground Corridor Industries Government  Prisons  Military Bases  Federal Lands  Indian Reservations  Waste Sites  Health Care  Housing  Services  Retail   Telecom   Highways   Railroads  Second Homes  Tourism  Recreation  Forestry  Mining  Energy  Agriculture  Fisheries  Waste   Resource Processing   Manufacturing  Retirement Homes

22 Rural Reality: Increase in Primary Industry Output Decrease in Massive Restructuring Decrease in Secondary Industry Output

23 Central Nevada Story U.S. Forest Service Center for Economic Development, University of Nevada at Reno KCEL RUPRI Area Develop Interests

24 Central Nevada EurekaLander

25

26 Layered Analysis: 1.Area’s Economic Clusters 2.Entrepreneurs within Clusters 3.GAP Analysis 4.Opportunity Identification

27 Opportunity Knowledge Energizes Area Entrepreneurs Increased Deal Flow Cycle of Development

28 Central Nevada Clusters

29 Entrepreneurs: Identify Them Focus on Them Customized Support Connect Them

30 Entrepreneurs within Rural America Active Aspiring Potential SurvivalLifestyle Growth Hobby EGCs

31 Supporting Entrepreneurs & an Entrepreneurial Climate Market Awareness Perceived Real Opportunitie s Motivation to Growth Enterprises Business Capacity

32 Future Work: U.S. Forest Service – Four Corners Area Nature Conservancy – Sustainable Practices Northern Great Plains – Agriculture State Academies Targeted Research

33 For More Information.... Center for Rural Entrepreneurship – Kauffman Center – RUPRI -


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