Identifying Emerging Technology-Based Industry Clusters in the San Joaquin
Developing technology-based opportunities for economic growth and diversification is increasingly important for the San Joaquin Valley. It represents another important and complementary potential driver to the rich argiculture base of the region. Cluster analysis and engagement will help to promote these ends.
Report: Economic Future of the San Joaquin Valley (pdf - 3.5 MB)
Executive Summary (pdf - 1.7 MB)
The Economic Future of the San Joaquin Valley describes opportunity areas, including ways to build upon the region's preeminence in agricultural production and services using flexible food manufacturing techniques and precision irrigation, and methods to enhance the region's current capabilities in call centers and data processing, warehousing and distribution, and traditional industrial manufacturing. Palo Alto-based Collaborative Economics was selected to research and write the report because of its experiences working with communities throughout the nation to design and implement initiatives for regional economic change. "Our report is a roadmap for helping the San Joaquin Valley succeed in the new economy," stated Douglas Henton, the company's president.
The report points out that the San Joaquin Valley faces enormous challenges with rapid population growth, high unemployment, and wide ethnic diversity. Per capita personal income has actually declined over the past decade while the rest of California has enjoyed historic economic prosperity. However, the region has the potential to move competitively into the new economy. The report focuses on opportunities that are achievable in the next 10 to 20 years and builds on the region's assets and traditions to take advantage of the new economy. "Economic success will require regional cooperation and committed leadership from every sector - and that includes agriculture," stated Carol Whiteside, Great Valley Center President. "We are seeing that success in this fast-paced environment depends on our ability to create a regional strategy and to use available technologies to our advantage." |
