Economy

The Economic Impact of Knowledge Clusters

A new study identifies 11 knowledge cluster regions throughout the U.S. and their economic impact. 
Reuters

Knowledge in Cities: that's the title of a new study published in the May 2012 issue of the journal Urban Studies. Knowledge is a key factor in the growth and development of cities and metros and of the economy as a whole. And the study breaks new ground by identifying 11 distinct knowledge clusters and tracking which have the biggest effect on regional economic growth.

The study identifies the 11 knowledge cluster regions using detailed data from the U.S. Bureau of Labor Statistics Occupational Information Network or O*NET system on the skill and knowledge requirements of more than 800 types of jobs: