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Analytical Toolset 
    
         
Global Value Chains Audit
   
regionalintel applies the Global Value Chains (GVC) method to mapping and tracking your champion and emerging industries.  GVC works well for regions seeking to diversify their economy and is most appropriate for places with a historic specialization in one dominant industry, particularly in the space of manufacturing.  It is a bottom-up approach to strategy formulation that considers your local economy in the context of global industries.  Since 2007, ri has collaborated with the University of Illinois at Urbana-Champaign to bring the GVC approach to communities in North America.  Our efforts in Central Indiana and aerospace have earned regionalintel the distinction of applied Global Value Chains researcher with Duke University's Duke Center on Globalization, Governance, and Competitiveness. 

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Industry Cluster Solutions 

While industry cluster analysis can be an effective tool in discovering economic linkages, it is equally important to apply this methodology with caution when piecing together your economic development strategy.  Cluster-based strategies are most appropriate for larger regions seeking to channel their economic diversity as a source of competitive advantage and to organize local stakeholders around similar development goals.  An industry cluster analysis should be conducted periodically throughout the lifetime of your cluster-based strategy as a mode of inquiry to track economic progress and to give direction to new initiatives.  ri applies an unbiased approach to cluster analysis by using multiple cluster definitions from the most reputable academic sources, including the Institute for Strategy and Competitiveness at Harvard Business School, the Department of Urban and Regional Planning at the University of Illinois at Urbana-Champaign, and Purdue University.

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Target Industry Studies

Communities often commission target industry studies to help improve the effectiveness of their business recruitment initiatives.  regionalintel will conduct exhaustive economic and market research to identify the industries in which your area could have the best opportunities for growth.  We focus on the individual firm as the principal unit of analysis and guarantee to deliver detailed recommendations as to the activity, size, and structure of those companies that fit your economic profile.  ri can work with you whether you already have a particular industry in mind and need help identifying specific firm types, or if you need to completely revaluate your local economic base in the context of broader industry and economic trends. 

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