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Executive Summary .........................................i

Demographics..... i

Industry and Economy.......................................ii

Entrepreneurship and Innovation..................... iii

Concluding Comments ......................................iv

Chapter 1: Demographics .................................1

Demographic Analysis ...................................2

Population & Growth ................................2

Race Distribution......................................3

Hispanic Population ..................................5

Per Capita Income ....................................6

Poverty Level ............................................7

Education Measures .................................8

Chapter 2: Economy andIndustry .................. 10

Review of Other Studies:Economy ............. 11

Economic Climate ...................................11

Industry Clusters ....................................11

Aerospace .........................................12

Healthcare/Hospitals .........................12

Kaolin ................................................13

Warehousing andDistribution ........... 13

Heritage and Ecotourism ...................13

Economic DevelopmentOrganizations ... 14

MaconNOW! .....................................14

NewTown Macon ...............................15

Main Street Macon ............................15

InfrastructureInvestment ....................... 15

Connect Central Georgia ....................15

Airports .............................................16

Industry Analysis ........................................17

Employment Trends ................................17

Trends in Gross Product ..........................20

Trends in Average Wage .........................23

High PerformanceIndustries .................. 26

“Winning” Industries –Tier I .............. 26

Average Wage byEmployment Change and Employment Level (Tier I) ................30

Average Wage by LocationQuotient and Total Gross Product (Tier I) ........... 30

“Winning” Industries –Tier II ............. 31

Average Wage byEmployment Change and Employment Level (Tier II) ................ 35

Average Wage by LocationQuotient and Total Gross Product (Tier II) .................... 35

Employment LocationQuotient ......... 36

Gross Product LocationQuotient ...... 37

Unemployment ......................................38

Employment Dynamics ...........................39

Industry Occupations ..............................41

Top Employers .......................................43

Fast Growth Firms ...................................45

Foreign DirectInvestment ...................... 46

Economic Inclusion(Minority- and Women-Owned Businesses) ......... 48

Minority Inclusion ..............................48

Women-Owned Businesses ...............50

Economic DevelopmentOrganizations ... 51

State EconomicDevelopment Organizations .................................. 51

Regional EconomicDevelopment Organizations ............................. 52

County and City EconomicDevelopment Organizations ................. 53

Chapter 3:Entrepreneurship and Innovation ..................................... 54

Review of Other Studies:Summary of Findings ............................... 55

Innovation Index ....................................55

Broadband .............................................55

Broadband Metrics ............................56

BroadbandPolicies/Projects .............. 56

EntrepreneurialInitiatives & Support ..... 57

State of Georgia .................................57

Central Georgia Region ......................57

Central GeorgiaIncubators ................ 58

Role of EducationalInstitutions .............. 58

Mercer University ..............................58

KITE Alliance ......................................58

Research Centers .........................58

Fort Valley StateUniversity ............... 60

Research Centers .........................60

Entrepreneurship andInnovation Analysis .................. 61

Entrepreneurship Trends ........................62

Public Offerings ..................................62

Self-Employed ...................................63

Risk Capital Firms ...............................64

Risk Capital Investment ......................65

Small BusinessDevelopment Centers .............................................. 66

Tax Incentives ...................................67

Innovation Trends ...................................68

Science, Technology,Engineering, and Mathematic Degrees ......... 68

University R&DExpenditures ............. 70

SBIR/STTR Awards ..............................72

Patents ..............................................73

Patent Counts ..............................73

Patent Counts byAssignee .......... 75

Patent Counts byIndustry Classification ................................... 76

Individual InventorsPatent Counts by Industry Classification .. 77

Patent Assignee by Industry Classification ................................78

3.Northeast Ohio’s Regional Economy

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