Understanding and Analyzing Competitive Dynamics: Methods, Processes, and Applications to a Regional Setting
Understanding and Analyzing Competitive Dynamics will serve as the first book for economic development professionals, undergraduate and graduate students, and businesses because it answers the following three questions: What are the tools and techniques to analyze regional dynamics, how can these tools be used in a regional setting, and how can these tools help us formulate new directions?

The book also highlights the necessity of regional level leadership in leveraging existing regional assets to create a cluster-based competitive regional economy through regional-level marketing, increasing synergy between industries in target clusters and their suppliers and customers, strengthening the cluster supply-chain by diversifying target clusters, and investing in human resources.
1120181959
Understanding and Analyzing Competitive Dynamics: Methods, Processes, and Applications to a Regional Setting
Understanding and Analyzing Competitive Dynamics will serve as the first book for economic development professionals, undergraduate and graduate students, and businesses because it answers the following three questions: What are the tools and techniques to analyze regional dynamics, how can these tools be used in a regional setting, and how can these tools help us formulate new directions?

The book also highlights the necessity of regional level leadership in leveraging existing regional assets to create a cluster-based competitive regional economy through regional-level marketing, increasing synergy between industries in target clusters and their suppliers and customers, strengthening the cluster supply-chain by diversifying target clusters, and investing in human resources.
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Understanding and Analyzing Competitive Dynamics: Methods, Processes, and Applications to a Regional Setting

Understanding and Analyzing Competitive Dynamics: Methods, Processes, and Applications to a Regional Setting

Understanding and Analyzing Competitive Dynamics: Methods, Processes, and Applications to a Regional Setting

Understanding and Analyzing Competitive Dynamics: Methods, Processes, and Applications to a Regional Setting

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Overview

Understanding and Analyzing Competitive Dynamics will serve as the first book for economic development professionals, undergraduate and graduate students, and businesses because it answers the following three questions: What are the tools and techniques to analyze regional dynamics, how can these tools be used in a regional setting, and how can these tools help us formulate new directions?

The book also highlights the necessity of regional level leadership in leveraging existing regional assets to create a cluster-based competitive regional economy through regional-level marketing, increasing synergy between industries in target clusters and their suppliers and customers, strengthening the cluster supply-chain by diversifying target clusters, and investing in human resources.

Product Details

ISBN-13: 9780739190395
Publisher: Lexington Books
Publication date: 10/24/2014
Pages: 178
Product dimensions: 6.10(w) x 9.10(h) x 0.70(d)

About the Author

Murat Arik is associate director of the Business and Economic Research Center (BERC) at Middle Tennessee State University.

Steven G. Livingston is professor of political science at Middle Tennessee State University and senior research associate at its Business and Economic Research Center.

Table of Contents

TABLE OF CONTENTS
Preface000
Chapter 1. Introduction and Overview000
Competitive Dynamics000
Methods, Tools, and Approaches000
Regional Economic Analysis Tools000
Strategic Management Tools000
Methodological Issues000
Region in Transition000
Major Goals and Research Questions000
The Plan of the Book000
Chapter 2. Competitive Dynamics: Explaining Tools, Techniques, and Approaches000
Conceptual Framework000
From the Regional Economist’s Toolset000
Analytical Tool 1: Location Quotient000
Analytical Tool 2: Diversity Index000
Analytical Tool 3: Structural Change Index000
Analytical Tool 4: Shift-Share Analysis000
Analytical Tool 5: Underemployment Rate000
Analytical Tool 6: Regional Autonomy000
Analytical Tool 7: Skill-Mismatch Index000
Analytical Tool 8: Import Substitution 000
Analytical Tool 9: Industry Clusters000
Analytical Tool 10: Cluster Gap Analysis000
From the Strategist’s Playbook000
Strategic Management Tool 1: Porter’s Diamond Model000
Strategic Management Tool 2: SWOT Analysis000
Strategic Management Tool 3: Five Forces that Shape Strategy000
Strategic Management Tool 4: Blue Ocean Strategy000
Strategic Management Tool 5: Core Competency Analysis000
Strategic Management Tool 6: PEST Analysis000
Strategic Management Tool 7: Value-Chain Analysis000
Strategic Management Tool 8: Generic Strategies (Porter)000
Strategic Management Tool 9: Scenario Analysis000
Strategic Management Tool 10: The 7S Model (McKinsey)000
Data and Study Approaches000
Survey and Interview Questions000
Cluster Analysis000
Data000
Chapter 3. Understanding and Analyzing Socioeconomic Dynamics000
Regional Socioeconomic Dynamics000
Population Dynamics000
Per Capita Income000
Average Wage000
Employment Trend000
Sectoral Employment000
Migration000
Commuters000
Workforce by Education and Age Cohort000
Workforce Availability: Underemployment and Employment000
Conceptual Framework000
Methodology000
State-Level Regression Results and Findings for Counties000
Economic Vulnerability: Vitality, Autonomy, and Diversity000
Methodology000
Major Industry Groupings and Sectoral Dependency000
Autonomy and Vitality000
Economic Diversity000
Sectoral Diversity and Vulnerability000
Dynamics of Plant Closing, Relocation, and Consolidation000
Methodology000
Study Findings000
Event-Data Estimates versus BLS Layoff Statistics000
Chapter 4. Understanding and Analyzing International Competitiveness000
Steven G. Livingston
Competitiveness Assessed through Export Performance000
Export Intensity000
Export Dynamism000
Competitiveness Assessed through Industry Mix000
Industry Mix vs. Local Factors in International Orientation000Competitiveness Assessed through Regional Imports and Trade Balances000
“Trade Balances” and Import Levels000
Complementary vs. Competitive Imports000
Competitiveness Assessed through Foreign Direct Investment000
Dependence upon Foreign Direct Investment000
Conclusion000
Chapter 5. Analyzing Competitive Dynamics: Industry Clusters000
Literature Review000
Conceptual Framework000
Input-Output Model000
Model-Driven Regional Clusters 000
Number of Clusters000
Chapter 6. Businesses and Other Stakeholders on Business Dynamics000
Historical Perspective on Regional Industry Clusters000
Impact of Overseas Competition000
Companies Defying the Trend000
Transitions and Tensions000
Past, Present, and Future of Regional Industry Clusters000
Current Challenges for Existing Clusters000
Current Cluster Performance000
Current Cluster Challenges000
Recommendations to Overcome Challenges000
Ways to Improve Regional Competitiveness000
Future/Potential Industry Clusters000
Future Challenges000
Dynamics of Business Interactions in the Study Region000
Business-to-Business Interactions000
Business-to-Education Interactions000
Promoting Business Interest000
Chapter 7. Regional Factor Conditions and Survey-Based Industry Clusters000
Survey-Based Clusters, Linkages, and Common Problems000
Clusters, Common Problems, and Support Institutions000
S.W.O.T Analysis for Regional Clusters000
Regional Factor Conditions000
Regional and Industry Risk Factors000
Knowledge, Labor, Supplier and Demand000
Entrepreneurship, Technology, Regional Focus, and Firm Strategy000
Government, Globalization and Business Culture000
Other Regional Issues000
Strategic Interactions and Doing Business in the MTM Region000
Chapter 8. Analyzing Regional Clusters: Indicators and Rankings000
Ranking Methodology000
Cluster Indicators Used in Rankings000
Cluster Rankings Based on 30 Performance Indicators000
Chapter 9. Moving from Regional Clusters to Target Clusters000
Target Industry Selection Criteria000
Cluster Depth and Specialization000
Gaps in Clusters000
External Linkages000
Technology Contents of Clusters000
Insights from Business Surveys and Interviews000
Local Expert Feedback000
Target Clusters in the MTM Region000
Holistic View of Inter-Cluster Linkages and Cluster Status000
Detailed Industry Cluster Profile000
Chapter 10. Policy Recommendations and Future Directions000
Cluster Specific Recommendations000
Motor Vehicle and Associated Products Cluster 000
Advanced Metal Manufacturing000
Information Technology and Precision Instrument Manufacturing000
Agribusiness000
Recommendations for the MTM Region000
Regional Level Marketing000
Regional Level Workforce Analysis000
In-Depth Cluster Needs Assessment000
Emerging Clusters/Areas: High Tech000
Emerging Clusters/Areas: Tourism000
Specific Policy Priorities000
Data Sources000
Bibliography000

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