According to the recently released Economic Developers Index by New Economy Strategies, economic developers rated access to a skilled workforce and university partnerships among the most important factors in site selection.
Additionally, the index reports that information intensive enterprises, such as those in energy, research and development, and biotechnology, were among the most dominate areas for prospective economic growth activity.
Why is this important? Because it underscores the need for NYSHEI’s ARIA plan for a statewide, high-tech, information infrastructure that leverages the strength of our massive higher education sector in support of job creation. The ARIA plan offers substantial growth and cost benefits to businesses and the academic and research communities – particularly the libraries.
Policy makers should take heed. The report also demonstrates that nearly 85 percent of economic developers rate federal and state policies for economic growth as fair to poor. Clearly there is a opportunity for New York State to sure ahead of the pack and dramatically change that perception.