Northeast Ohio Front Runners: Groups of Regional Industry Drivers (GRIDs) Research Brief

Iryna Lendel; Merissa Piazza; Iryna Demko

Northeast Ohio Front Runners: Groups of Regional Industry Drivers (GRIDs) Research Brief

Iryna Lendel, Merissa Piazza, Iryna Demko

Cleveland State University

Research output: Other contribution

Abstract

Wealth-creating industries are the backbone of the regional economy; they contribute to economic growth, personal wealth, and regional competitive advantage. For an economy to stay vibrant and competitive, it is essential to identify these industries so that strategic policies can foster and support regional growth. Three regional groups of drivers were identified in Northeast Ohio (NEO): Professional Services, Growing Legacy Manufacturing, and Oil and Gas. These groups, known as Groups of Regional Driver Industries (GRIDs) were identified using statistical analyses and data-driven insights for 2013 to 2017. GRIDs had strong regional specialization, growing output, rising productivity, and local competitive advantage. Overall, the three identified GRIDs contributed nearly 40% ($86.5 billion) to NEO’s total output and employed 20% (363,660 people) of NEO's workforce in 2017.

Original language	American English
State	Published - Feb 1 2019

Keywords

regional industry drivers
GRIDs
economic development

Disciplines

Urban Studies and Planning

Access to Document

Northeast Ohio Front Runners Groups of Regional Industry DriversFinal published version, 841 KBLicense: CC BY
Northeast Ohio Front Runners Groups of Regional Industry DriversFinal published version, 841 KBLicense: CC BY

Cite this

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title = "Northeast Ohio Front Runners: Groups of Regional Industry Drivers (GRIDs) Research Brief",

abstract = " Wealth-creating industries are the backbone of the regional economy; they contribute to economic growth, personal wealth, and regional competitive advantage. For an economy to stay vibrant and competitive, it is essential to identify these industries so that strategic policies can foster and support regional growth. Three regional groups of drivers were identified in Northeast Ohio (NEO): Professional Services, Growing Legacy Manufacturing, and Oil and Gas. These groups, known as Groups of Regional Driver Industries (GRIDs) were identified using statistical analyses and data-driven insights for 2013 to 2017. GRIDs had strong regional specialization, growing output, rising productivity, and local competitive advantage. Overall, the three identified GRIDs contributed nearly 40\% (\$86.5 billion) to NEO{\textquoteright}s total output and employed 20\% (363,660 people) of NEO's workforce in 2017.",

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T1 - Northeast Ohio Front Runners: Groups of Regional Industry Drivers (GRIDs) Research Brief

AU - Lendel, Iryna

AU - Piazza, Merissa

AU - Demko, Iryna

PY - 2019/2/1

Y1 - 2019/2/1

N2 - Wealth-creating industries are the backbone of the regional economy; they contribute to economic growth, personal wealth, and regional competitive advantage. For an economy to stay vibrant and competitive, it is essential to identify these industries so that strategic policies can foster and support regional growth. Three regional groups of drivers were identified in Northeast Ohio (NEO): Professional Services, Growing Legacy Manufacturing, and Oil and Gas. These groups, known as Groups of Regional Driver Industries (GRIDs) were identified using statistical analyses and data-driven insights for 2013 to 2017. GRIDs had strong regional specialization, growing output, rising productivity, and local competitive advantage. Overall, the three identified GRIDs contributed nearly 40% ($86.5 billion) to NEO’s total output and employed 20% (363,660 people) of NEO's workforce in 2017.

AB - Wealth-creating industries are the backbone of the regional economy; they contribute to economic growth, personal wealth, and regional competitive advantage. For an economy to stay vibrant and competitive, it is essential to identify these industries so that strategic policies can foster and support regional growth. Three regional groups of drivers were identified in Northeast Ohio (NEO): Professional Services, Growing Legacy Manufacturing, and Oil and Gas. These groups, known as Groups of Regional Driver Industries (GRIDs) were identified using statistical analyses and data-driven insights for 2013 to 2017. GRIDs had strong regional specialization, growing output, rising productivity, and local competitive advantage. Overall, the three identified GRIDs contributed nearly 40% ($86.5 billion) to NEO’s total output and employed 20% (363,660 people) of NEO's workforce in 2017.

KW - regional industry drivers

KW - GRIDs

KW - economic development

UR - https://engagedscholarship.csuohio.edu/urban_facpub/1594

M3 - Other contribution

ER -

Northeast Ohio Front Runners: Groups of Regional Industry Drivers (GRIDs) Research Brief

Abstract

Keywords

Disciplines

Access to Document

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Cite this