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Supply or Demand, Make or Buy

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  • Paul D. Gottlieb

    (Rutgers University, New Brunswick, NJ, USA)

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    Abstract

    This article lays out two broad criteria for crafting a particular brain drain policy at the state level. The first, which we are calling “supply or demand,†asks whether a state experiencing brain drain is below average in high-tech labor demand or above average in high-tech labor supply (the latter concept measured by university enrollments). It is argued that the answer to this question matters a great deal to the policy response. The article then proposes a second, related framework for crafting brain drain policies, which is used widely in the world of business. This is whether a state should “make†or “buy†its own high-tech workers. Benchmarking data and a new review of state policy programs are then used to compare what states are doing with what they ought to be doing in light of their particular situations.

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    File URL: http://edq.sagepub.com/content/25/4/303.abstract
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    Bibliographic Info

    Article provided by in its journal Economic Development Quarterly.

    Volume (Year): 25 (2011)
    Issue (Month): 4 (November)
    Pages: 303-315

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    Handle: RePEc:sae:ecdequ:v:25:y:2011:i:4:p:303-315

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    Related research

    Keywords: university role in economic development; state and local economic development policy; labor force issues; jobs;

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