About Us
Innovation Economics offers economic development planning and strategy, economic and social impact analysis and customized research to government, not-for-profits, economic development organizations, medical groups, universities, and companies across the United States.
Our core skills are in the areas of regional economics, land use economics, enterprise and innovation economics, retail, real estate, workforce, demographic analysis, place marketing and implementation tools. We focus on information-led tools and analytics for improving economic development, competitiveness and project implementation.
What We Do
We work with clients and their partners to craft economic development strategies to fit local communities. We generate the research and insight needed to understand economic issues, policies and opportunities. We investigate, report and reccomend using our own in-house economic development toolset:
- Interactive economic development maps
- Economic trends & information bulletins
- Economic base and economic impact
- Industry targeting and ROI reviews
- Market testing policies before using them
- Area branding, marketing & web strategies -
Surveys & focus groups for retail preference, workforce needs and business gaps
- Airport areas for growth and diversification - Workforce & labor market skills analysis
- Innovation & hi-tech development strategies
- Small business enterprise development
- Medical & educational service sectors
- Housing needs, urban blight and TIFF
- Tourism & 'special place'-led strategies
Smart Communities
While lots of people are talking about the new energy economy these days, the most powerful alternative energy around is "brainpower". In fact, knowledge is and has always been the primary driver of regional economic progress.
Economic development agencies are most effective when they enable talent within their communities to meet their development challenges. Now days, smart communities increasingly use a range of information, innovation and technology-led tools to create actionable solutions for competing in a hyper-competitive world.
