 Identifying peer states to assess technology-based economic developmentDavid L. Schwarzkopf Technology in Society, 2014, vol. 39, issue C, 68-76 Abstract: States often rely on 50-state “report cards” or indices to track their progress in technology-based economic development. Economic development agencies value these indices, published by independent consultancies, because they cut the costs of compiling data, compare states to one another and allow agencies to avoid charges of “cherry-picking” measures to serve their own purpose. The rankings of the states in these indices have appeal as they give policymakers and development agencies an idea of likely peer states and possible members of an aspirant group. Peers and aspirant groups provide a state with examples of alternative approaches to economic development, while allowing agencies to depict economic development activities in competitive terms for policymakers and legislators. Therefore, it is important that these comparisons be valid and, since the state's development policies affect the public, it is worthwhile for the citizenry to understand how agencies make these comparisons. Keywords: Economic competition; Economic development; Science and technology reporting; Scorecards; Self-organizing maps (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:teinso:v:39:y:2014:i:c:p:68-76 DOI: 10.1016/j.techsoc.2014.08.004 Access Statistics for this article Technology in Society is currently edited by Charla Griffy-Brown More articles in Technology in Society from Elsevier |
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