Professor Michael E. Porter discusses the economic benefits from North America's unconventional oil and gas energy resources. Professor Porter discusses the unconstructive debate around these resources, and what should be done to fully realize their benefits while minimizing environmental and climate impacts.
Industries located in regions with strong clusters (i.e. a large presence of other related industries) experience higher growth in new business formation and start-up employment.
The performance of regional economies varies markedly in terms of wage, wage growth, employment growth, and patenting rate.