Dr. Tom Horan describes industry clusters across Minnesota and how business ecosystems can build rural and urban prosperity
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Dr. Tom Horan describes industry clusters across Minnesota and how business ecosystems can build rural and urban prosperity
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Ellen talks with Dr. Tom Horan about his research on industry clusters in Minnesota and the economic and community benefits that they bring to both rural and urban areas. He also discusses Granite Partners, a company that embodies the cluster approach, supporting local economies by acquiring and retaining businesses in central Minnesota. Tom highlights the importance of recognizing and fostering rural-urban economic connections to drive future regional development and entrepreneurship.
More Information:
Dr. Tom Horan Bio
Granite Partners Case Study
Medical Device Industry Cluster in Greater Minnesota: Spatial Impacts and Illustrative Case Study
Greater Minnesota Medical Device Cluster Study StoryMap
Episode Highlights:
04:13 Defining Industry Clusters
08:31 Economic and Community Impact of Industry Clusters
12:30 Granite Partners' Approach and Success
21:28 Rural-Urban Interconnectedness
23:03 Future Research and Implications
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