May 18, 2005
2005 Knowledge Worker Quotient: America's Super Cities of the Future
Syracuse, N.Y. MSA is ranked as one of America's Five-Star Knowledge Worker Metros, according to Expansion Management's third annual Knowledge Worker Quotient. The quotient "identifies metro areas that are exceptionally well placed to attract and nurture high-tech companies because of their concentration of extremely well educated workers." There are 362 metropolitan statistical areas in the U.S. as designated by the Office of Management and Budget.
New York State came in second, after California, with five metro areas receiving the five-star designation. Colorado and Texas received four, and Massachusetts, Pennsylvania and Virginia received three each.
The rankings were calculated based on a measure of three categories: human capital, educational institutions and R&D spending. The study compared the following in each metro area the United States all to derive a comparative ranking of the depth of a metro's knowledge-based work force:
- college educated work force in each metro area, paying particular attention to advanced degrees (masters, Ph.D. and medical degrees)
- the percentage of a metro's adult population employed in science & engineering jobs
- the number and type of colleges and universities in a metro area (including community colleges), and
- the amount of science and engineering R&D spending by the metro area's research universities.
The college-educated work force is in fact the leading human resource that is most coveted by knowledge-based companies. The communities with a high concentration of these human resources will "most likely lead the nation in terms of growth and prosperity."
It is clear that a concerted effort to focus on educating a metro's population from kindergarten through college and beyond will help to position itself as one of United States' leading areas.
To read the full article, "America's Super Cities of the Future," go to Expansion Management's Web site at www.ExpansionManagment.com .
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