In today’s economy, it is vital for business, education, community and government leaders to work together on creating effective programs and policies for economic growth. Strategies built upon in-depth analysis along with sound implementation approaches will help regions and states position themselves successfully for today’s economic challenges.
OUR APPROACH
The Battelle Technology Partnership Practice provides custom solutions to our clients’ economic development needs. Whether you need a comprehensive economic development strategy, a more targeted industry and entrepreneurial development plan, a workforce development strategy or a feasibility analysis and program design for research centers, research parks and incubators to house technology activities, we have the experience you need.
Battelle has a proven track record of success in advancing leading-edge technology-based economic development solutions, with project experience in almost every state in the nation. Our expertise and experience extends across an extensive range of industry and technology sectors. We not only understand markets but also can relate markets to technology, capital and talent issues. We undertake benchmarking analyses in most of our projects and have an extensive information base developed on best practices and elements for success. But, most importantly, we have leading economic development practitioners who are able to advance strategies that can work on the ground and can design programs and initiatives for implementation.
Our approach to economic development is rigorous.
Analysis – Through leading-edge quantitative and qualitative analysis, we are able to identify regional core competencies, uncover emerging opportunities, assess strengths against market opportunities, and pinpoint specific strengths, weaknesses, opportunities and threats impacting your economic development environment.
Strategy – We develop highly refined strategies for our clients, driving you towards high performance in today’s highly competitive innovation-driven economy.
Benchmarking – Battelle is a national thought leader on leading approaches and best practices for economic development. All of our work draws upon relevant best practice lessons and competitive benchmarking.
Action - Through our implementation services we bring strategies to life and achieve tangible results. Our action plans spell out what should be done, who should do it and when it should be done, along with the resources needed to get the job done.
Core competencies in economic development include:
- Strategic planning facilitation
- Regional industry analysis
- Core competency assessment of industry and research drivers
- Benchmarking best practices and competitive positions for states or regions
- Economic impact assessment and evaluation
- Program design and implementation assistance