Your speakers - C2ER · Your speakers 9 • Over 20 years of experience in ec dev • 12 years as...

Your speakers

9• Over 20 years of

experience in ec dev

• 12 years as site-selection consultant

• Finalist: International E&Y Entrepreneur of the Year

• Led ROI as a Profit 50 company

• Founder of Gazelle.ai

• PhD in Economics

• Recognized leader in cluster and competitiveness benchmark analysis

• Leads ROI’s consulting and data analytics practice

• 14 years experience in regional econ analysis

DR. NADINE JESERICHVP ANALYTICS

STEVEN JASTPRESIDENT

Lead

generation

Market intelligence &

targeting strategies

Business

expansion &

retention

In-market

representation

Economic

development

training

Trade

shows &

events

Gazelle.ai

ROI MODERN ECONOMIC DEVELOPMENT

Introducing

THE one-stop business intelligenceand lead generation platform that

forecastscompany growth and expansion

THE GOAL

5 WAYS WE MONITOR GROWTH

NAICS based definitions are more a statistical exercise to compare a cluster across regions

• evaluate regional cluster policies

• impact of clusters on firm and regional performance

WHY HAVE CLUSTER DEFINITIONS

"A cluster is a geographical proximate group of

interconnected companies and associated

institutions in a particular field, linked by

commonalities and externalities" (Michael E. Porter, On Competition)

LIMITATIONS: LOCAL AND EMERGING CLUSTERS

Clusters in the end are a local phenomenon:

• New technologies without NAICS codes

• “Unlikely friends”

Company data

• Not confined by NAICS codes

• Technology and product focus

that can link different companies

SAN DIEGO’S “BLUE ECONOMY”:

- water transportation cluster, tech cluster

- Study identified over 200 NAICS codes,

over 700 firms with “maritime-related”

activities

How to use company data for cluster identification• Pinpoint regions with

unique combinations of

growth companies

• Links to strong existing

industries that can help

as a catalyst for a new

unique cluster

Example 1 - emerging tech without NAICS: Automation

Types of Automation

Florida: consumer products

- Home automation

- Library systems

Here considered part of

cleantech not Industry 4.0

Georgia: IT services and

applications like telemetrics but

also manufacturing automation

Types of Automation

Example 2 – What is “advanced”

“ADVANCED MATERIALS”

• What share is really

“advanced” products

• Should it include 1st or

2nd tier products,

i.e. medical devices?

materialS - NAICS

Advanced materials - SMALL VC funded

Advanced materialsVC FUNDING

Beyond lead gen

Being aware of what is going on in your backyard to plan for:

Thank you!Steven Jast | sjast@gazelle.ai