The New Geography Of Jobs - 1882 Words

The New Geography of Jobs According to Enrico Moretti s ground breaking book, â€Å"The New Geography of Jobs,† manufacturing sector companies have been superseded in the knowledge economy by innovation sector companies. While they were once the holy grail of community planners, manufacturing sector companies are no longer the ideal economic model. One key premise of Moretti s book is that industry-focused brain hubs create thick labor markets with lots of specifically skilled workers. For example, take the software cluster in Silicon Valley, the life sciences cluster in Boston, or the financial or garment industry clusters in New York. These thick markets make it easier for a business in a targeted, innovation industry to acquire needed talent. Moreover, these brain hubs create human capital spillover as the proximity of highly specialized workers to each other helps the exchange of new and creative ideas. Additionally, the high paying jobs in innovation industries create a multiplier effect. To explain, innovative industries create a multiplier effect because for each highly paid worker, five local service jobs are needed to support them. Jobs in the service sector range from professionals, such as doctors and lawyers, to non-professionals, such as waiters and landscapers. By contrast, manufacturing jobs historically only generate 1.6 additional service jobs in the local area. Both manufacturing startups and innovation startups require large upfront investments. However,Show MoreRelatedThe New Geography Of Jobs1252 Words   |  6 Pagesnowadays have a traditional economy and they did not shift to knowledge or human capital economy. However, on the opposite side, many cities took advantage of the human capital and invested their forces to be a high-tech market. The book, â€Å"The New Geography of Jobs† of Enrico Moretti is a perfect tool that explains the reasons why this might happen. The book focuses in to explain why the â€Å"Great Divergence† which the American community is facing over the last 40 years. As some cities experience a growingRead MoreDr. Steven M. Quiring1523 Words   |  7 Pagesprofessor and graduate director in the Department of Geography at Texas AM University. As his research assistant, I felt so happy to work with such an excellent, patient, and easygoing scholar over this semester. And I was fortunate to be assigne d to interview him so as to have an opportunity to know him better. Dr. Quiring and I met at his office on Tuesday, November 17th. 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I gained a new prospective and information about the world around me. Throughout the semester, my understanding and knowledge about geography has drastically changed from before this course. This course has made me think about topics and things that I have never reflected upon. I have had this standard premonition of geography as just places or maps, but thereRead MoreCulture and Geography effects of the Mississippi River1023 Words   |  5 PagesThe culture of the Mississippi River has an effect on geography and in turn geography impacts the culture along the Mississippi River. The geography of the Mississippi River provided early settlers with the natural resources to survive and thrive. At the same time the aggressive expansion of culture significantly impacted the Mississippi River’s region. History of settlement along the Mississippi River illustrates the fact that the geography of the river is a natural attraction to settlers. ArcheologicalRead MoreThe Five Themes Of Geography827 Words   |  4 Pages What is geography? Geography is when you study features of the earth and its atmosphere, human species and how human activity affect and are affected by these things. Geographers often tell people they study the â€Å"why of where.† Geographers often have to explain their interests in all the patterns of human and natural experiences and as they happen in certain places. Have you heard of the five themes of geography? The five themes of geography are: Location, Region, Movement, and Human/environmentRead MoreUrban Geography And The Human Agency1212 Words   |  5 PagesWith the sources provided it is evident how influential the social structure is on urban geography and the human agency in the continuum of the socio-spatial dialect. The talk by Wilkinson outlines social problems that correlate to inequality that is widening throughout developed countries. The Figures provide statistics of the inequality within Canada and the patterns that are not temporary but also not inevitable as discussed in the article about the Three Cities of Toronto. The article analysesRead MoreTerm Paper1057 Words   |  5 Pagesproblem within the firm and discuss what you think is causing the problem and how the problem might be better controlled. 3. Describe the job dimensions of the firm and discuss whether or not you believe the current design is appropriate for the firm. Discuss any suggestions you might have for improving the job design. Grouped by function or by product or geography or a matrix organization? Provide a diagram if helpful to illustrate. Is this organization effective? 4. Describe the compensation packageRead MoreHarsher Struggles for African American Women than Men1441 Words   |  6 Pagesor self-betterment. In the religions of Ancient Egypt, Buddhism and Christianity, a clear link between environment and religion can be seen. Religion has always been present in large civilizations and is a product of the environment, climate and geography. The sun god Ra was the most important and powerful of all in the polytheistic Ancient Egyptian religion (Shaw, 273). Not many of the images that come to mind when â€Å"Egypt† is mentioned contain clouds, and that is because the land of Egypt has swelteringRead MoreImportance Of World Geography994 Words   |  4 Pages Madie Stark Mrs. Bezy World Geography Honors August 16, 2017 According to merriam-webster.com; geography is a science that deals with the description, distribution, and interaction of the diverse physical, biological, and cultural features of the earth’s surface. In other words, it is the physical features and characteristics of certain areas that make the area unique. Small towns, big cities, and everything in-between each has its own culture, location, and special touches that