Arik, M: Understanding and Analyzing Competitive Dynamics

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.

Understanding and Analyzing Competitive Dynamics analyzes business and economic dynamics from an interdisciplinary perspective by incorporating tools and approaches from regional economic development, international business, and strategic management literature.

TABLE OF CONTENTSPreface000Chapter 1. Introduction and Overview000Competitive Dynamics000Methods, Tools, and Approaches000Regional Economic Analysis Tools000Strategic Management Tools000Methodological Issues000Region in Transition000Major Goals and Research Questions000The Plan of the Book000Chapter 2. Competitive Dynamics: Explaining Tools, Techniques, and Approaches000Conceptual Framework000From the Regional Economist's Toolset000Analytical Tool 1: Location Quotient000Analytical Tool 2: Diversity Index000Analytical Tool 3: Structural Change Index000Analytical Tool 4: Shift-Share Analysis000Analytical Tool 5: Underemployment Rate000Analytical Tool 6: Regional Autonomy000Analytical Tool 7: Skill-Mismatch Index000Analytical Tool 8: Import Substitution 000Analytical Tool 9: Industry Clusters000Analytical Tool 10: Cluster Gap Analysis000From the Strategist's Playbook000Strategic Management Tool 1: Porter's Diamond Model000Strategic Management Tool 2: SWOT Analysis000Strategic Management Tool 3: Five Forces that Shape Strategy000Strategic Management Tool 4: Blue Ocean Strategy000Strategic Management Tool 5: Core Competency Analysis000Strategic Management Tool 6: PEST Analysis000Strategic Management Tool 7: Value-Chain Analysis000Strategic Management Tool 8: Generic Strategies (Porter)000Strategic Management Tool 9: Scenario Analysis000Strategic Management Tool 10: The 7S Model (McKinsey)000Data and Study Approaches000Survey and Interview Questions000Cluster Analysis000Data000 Chapter 3. Understanding and Analyzing Socioeconomic Dynamics000Regional Socioeconomic Dynamics000Population Dynamics000Per Capita Income000Average Wage000Employment Trend000Sectoral Employment000Migration000Commuters000Workforce by Education and Age Cohort000 Workforce Availability: Underemployment and Employment000Conceptual Framework000Methodology000State-Level Regression Results and Findings for Counties000Economic Vulnerability: Vitality, Autonomy, and Diversity000Methodology000Major Industry Groupings and Sectoral Dependency000Autonomy and Vitality000Economic Diversity000Sectoral Diversity and Vulnerability000Dynamics of Plant Closing, Relocation, and Consolidation000Methodology000Study Findings000Event-Data Estimates versus BLS Layoff Statistics000Chapter 4. Understanding and Analyzing International Competitiveness000Steven G. LivingstonCompetitiveness Assessed through Export Performance000Export Intensity000Export Dynamism000Competitiveness Assessed through Industry Mix000Industry Mix vs. Local Factors in International Orientation000Competitiveness Assessed through Regional Imports and Trade Balances000"Trade Balances" and Import Levels000Complementary vs. Competitive Imports000Competitiveness Assessed through Foreign Direct Investment000Dependence upon Foreign Direct Investment000Conclusion000Chapter 5. Analyzing Competitive Dynamics: Industry Clusters000Literature Review000Conceptual Framework000Input-Output Model000Model-Driven Regional Clusters 000Number of Clusters000Chapter 6. Businesses and Other Stakeholders on Business Dynamics000Historical Perspective on Regional Industry Clusters000Impact of Overseas Competition000Companies Defying the Trend000Transitions and Tensions000Past, Present, and Future of Regional Industry Clusters000Current Challenges for Existing Clusters000Current Cluster Performance000Current Cluster Challenges000Recommendations to Overcome Challenges000Ways to Improve Regional Competitiveness000Future/Potential Industry Clusters000Future Challenges000Dynamics of Business Interactions in the Study Region000Business-to-Business Interactions000Business-to-Education Interactions000Promoting Business Interest000Chapter 7. Regional Factor Conditions and Survey-Based Industry Clusters000Survey-Based Clusters, Linkages, and Common Problems000Clusters, Common Problems, and Support Institutions000S.W.O.T Analysis for Regional Clusters000Regional Factor Conditions000Regional and Industry Risk Factors000Knowledge, Labor, Supplier and Demand000Entrepreneurship, Technology, Regional Focus, and Firm Strategy000Government, Globalization and Business Culture000Other Regional Issues000Strategic Interactions and Doing Business in the MTM Region000Chapter 8. Analyzing Regional Clusters: Indicators and Rankings000Ranking Methodology000Cluster Indicators Used in Rankings000Cluster Rankings Based on 30 Performance Indicators000Chapter 9. Moving from Regional Clusters to Target Clusters000Target Industry Selection Criteria000Cluster Depth and Specialization000Gaps in Clusters000External Linkages000Technology Contents of Clusters000Insights from Business Surveys and Interviews000Local Expert Feedback000Target Clusters in the MTM Region000Holistic View of Inter-Cluster Linkages and Cluster Status000Detailed Industry Cluster Profile000Chapter 10. Policy Recommendations and Future Directions000Cluster Specific Recommendations000Motor Vehicle and Associated Products Cluster 000Advanced Metal Manufacturing000Information Technology and Precision Instrument Manufacturing000Agribusiness000Recommendations for the MTM Region000Regional Level Marketing000Regional Level Workforce Analysis000In-Depth Cluster Needs Assessment000Emerging Clusters/Areas: High Tech000Emerging Clusters/Areas: Tourism000Specific Policy Priorities000Data Sources000Bibliography000