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Case Study: Midtown Atlanta

1326 Words6 Pages

Infrastructure
In the recent years, there has been a significant investment in building up the infrastructure to promote entrepreneurial initiatives. The region has witnessed the growth of several startup hubs such as Tech Square and Atlanta Tech Village. In addition, Midtown Atlanta holds a plethora of assets, including top-ranked institutions which offer courses ranging from arts and health to technology. It was at a 38th rank that included best cities for starting a business, a survey conducted by Wallet Hub and was among top rankings in relation to categories such as Business Costs and Access to the Resources. The Alpharetta Business Networking Club develops the entrepreneurial infrastructure of the region, Atlanta Startup Village, Professional …show more content…

Metropolitan areas account for around 90% of the American GDP. However, the differences in the productivity throughout the metropolitan areas are very high (Panek, Baumgardner & McCormick, 2007). For the period 2001-2005, the average output per worker of Atlanta was around $76,700 and was in the top 20 US Metropolitan areas. As per a report by Rob Pitingolo, the human capital density of Atlanta in 2010 was 1,053 degree holders per quarter mile (Florida, 2010). In this analysis, the college degree holders or human capital was measured in line with the land area function rather than the population function. Here also, Atlanta was among the top 20 counties across the country. In terms of academic research and development expenditures in the US metropolitan areas, Atlanta was ranked at 10th position with $ 910.66 million (Abel & Deitz, 2011). In terms of degrees produced, Atlanta was ranked at 11th position with 24,955 total degrees produced. The degrees included first professional degree given by Title IV post-secondary academic institutions, Doctoral, Masters, and Bachelor’s …show more content…

The diverse and abundant labor pool of Atlanta facilitates the continuous supply through the talent pipeline. The city has around 50000 technical college and 275000 college students with 50000 technical students who are job ready. The year 2015 saw the Georgia Institute of Technology to be observed as the leading public university that produces the finest startup talent. In relation to the STEM employment growth, Atlanta is at 3rd rank among the American cities. Specialization would allow people to secure better jobs, handle change and create career-long capabilities (Combes & Duranton,

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