America’s labor market has entered a “new normal” phrase. Although the unemployment rate has declined after the Great Recession, underemployment remains a major problem and the percentage of workers stuck in part-time jobs is well above historical norms. Yet, at the same time, employers are posting a record number of positions. Professor Joseph Fuller suggests that resolving this paradox will require education institutions and employers to adopt a new approach to skills training.
Professor Michael E. Porter and Professor Jan W. Rivkin discuss the findings of Harvard Business School’s 2015 Alumni Survey on U.S. Competitiveness,
The Challenge of Shared Prosperity. Alumni are optmistic about the ability of U.S. firms to compete globally, but they doubt that firms will be able to lift the living standards of the average American.
This paper develops a novel clustering algorithm that systematically generates and assesses sets of cluster definitions (i.e., groups of closely related industries).
This paper evaluates the role of regional cluster composition in the economic performance of industries, clusters and regions.
In the modern competitive marketplace, nations have their own competitive advantages. These are investigated and discussed in-depth.