The Leaky Bucket The Regional Economy Goods or Services Purchased outside of the Region
Plugging the Leaks Regional Demand Regional Supplier Outside Supplier
Strengthening Clusters through Import Substitution Identify: Industries that support the cluster Goods and services being purchased from outside the region Capacity for supplying these inputs regionally Resources needed to help promote the creation, expansion, retention or attraction of businesses to supply inputs
C.A.R.E for the Cluster Cluster Strengthening Creation Attraction Retention Expansion Source: Barta, et al (2010) CARE Model
Answers to Questions 1.What data is presented on the bar charts? 2.What is counted in Corp, Subsid, Regional Mgt? 3.Where is lodging in AER? 4.Where is forestry?
IT Telecomm Leakages Iron, Steel Copper Wire/Rolling/Drawing Engineering Services Telecomm Carriers Video Production Cable/Subscription Provider Role for Higher Ed? OK Western, Cross, Pine, AT&T, US Cellular, Verizon, Haileyville; build your own network (examples from Appalachia) Role for Higher Ed? Choctaw Investments?
AER/Tourism Leakages Corp, Subsidiary, Reg Mgt Video Production TV Broadcasting Sport Teams Landscaping Services Janitorial Services Ad Agencies Role for Higher Ed, Choctaw? EOSC/Kiamichi have studios for training Fort Smith, Tulsa, Texarkana, Sherman/Denison mkts High School sports & youth programs; tournament fields? Promos? Small Businesses throughout the region; Retention/Expansion?