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Industry Clusters

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In recent years, “cluster strategies” have become a popular economic development approach among state and local policymakers and economic development practitioners.

What Makes a Great Town?

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What makes a great town? It is a pressing question because by 2030, 5 billion people—60 percent of the world’s population—will live in cities, compared with 3.6 billion today, turbo charging the world’s economic growth. Leaders in developing nations must cope with urbanization on an unprecedented scale, while those in developed ones wrestle with aging infrastructures and stretched budgets.

Location, Location, Location? Not Entirely!

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When I first heard the words “location, location, location,” coming from a real estate broker, it was early in my career and I thought, “Now how clever is that? That about sums it up.”  But that catchy phrase does NOT sum it. The truth is that you may have the best strategic location for a given project, but if all of the pieces of the puzzle don’t come together, then your community is not the right choice after all.

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Wake Forest Economic Development

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