Below are links to several studies and papers which illustrate the issues and challenges faced by government agencies, businesses, and economic development professionals in the New Economy.  Several of these studies are presented in PDF format.  If you do not have Adobe Acrobat Reader, click below to download the software:

• The Aftermath of the "New Economy Bust": A Case Study of Five OECD Countries
  Hélène Baudchon (December 2002)
  
  In this study, the author examines the growth potential of the ICT sector and the economic performance of the United States, Ireland, Finland, The Netherlands, and France since the Internet bubble burst.  The author begins by describing the importance of the ICT sector in these countries through a set of variables: the contribution of the ICT sector to GDP growth and productivity growth; the surge in information processing equipment and software investment; the contribution of the ICT sector to jobs growth and the ICT share in foreign trade.  She then describes the timing of the downturn in terms of synchronization between the countries and in terms of adjustment of macroeconomic variables. 
   

• The Brand Called Wisconsin^TM:  Can We Make It Relevant and Different For Competitive Advantage?
  Marsha Lindsay (November 2000)
  
  This paper, featured at the first Wisconsin Economic Summit, makes a case for how and why the state of Wisconsin must proactively re-brand itself to compete in the New Economy.  The author, President and CEO at Lindsay, Stone and Briggs, offers an overview of brand marketing, and an examination of how the state's perception by others affects Wisconsin's ability to attract New Economy businesses, workers, and venture capital.
   

• Building State Economies by Promoting University-Industry Technology Transfer
  Louis G. Tornatzky, Ph.D. (April 2000)
  
  This report, prepared for the National Governors' Association, examines the importance of state universities' patent and licensing agreements to economic development plans and provides policymakers with strategies for promoting so-called university-industry technology transfer.
   

• Critical Success Factors for Knowledge-Based Industrial Clusters in Wisconsin
  Mark Mone, John B. Torinus, Jr., Brenda Blanchard, Timothy Sheehy, and Joseph J. Shepley (November 2000)
  
  This paper, prepared by representatives of the University of Wisconsin - Milwaukee School of Business Administration, Serigraph, Inc., the Wisconsin Department of Commerce, the Metropolitan Milwaukee Association of Commerce, and the University of Wisconsin - Milwaukee, was presented at the first Wisconsin Economic Summit.  The paper embraces the concept of industrial clusters as a device for analyzing ways to stimulate business activity in Wisconsin.  The paper identifies existing and emerging industrial clusters and the critical success factors underlying those clusters.
   

• Economic Statistics, the New Economy, and the Productivity Slowdown
  Jack E. Triplett (January 1999)
  
  This article, prepared for Business Economics, addresses the perception by many economists that productivity must be growing more rapidly than the data compiled by the Bureau of Labor Statistics tends to suggest.  The article reviews two reasons for believing that inadequate measurement of output in our economic statistics may be hiding essential developments in the New Economy.  
   

• The Fiscal Crisis in Wisconsin:  An Analysis of its Origins, Implications, and Solutions
  Fiscal Policy Reform Forum (October 2002)
  
  This paper, which was presented at Wisconsin Economic III, was prepared by a diverse group of contributors to highlight the Wisconsin state budget deficit and explore solutions that may be implemented to solve the crisis.
   

• Galvanizing Wisconsin's E-Commerce Future Through Public-Private Partnership
  Dr. Raj Veeramani (November 2000)
  
  This paper was featured at the first Wisconsin Economic Summit.  The author, a professor at the University of Wisconsin - Madison College of Engineering and School of Business, highlights how public-private partnerships can serve as effective mechanisms to address challenges faced by Wisconsin if the state hopes to stimulate the economy through effective participation in global e-commerce.
   

• Growing New Business With Seed and Venture Capital:  State Experiences and Options
  Robert G. Heard and John Sibert, Ph.D. (May 2000)
  
  This report, prepared for the National Governors' Association, identifies strategies specifically designed to develop seed and venture capital for entrepreneurs that have shown promising results in states throughout the nation.
   

• Impacting Wisconsin's Economic Development Through Entrepreneurship
  Erica Kauten (October 2002)
  
  This paper, which was presented at Wisconsin Economic III, offers lessons for communities in the use of entrepreneurship as an economic development strategy.  The paper features suggestions gathered through a statewide stakeholder conversation, in which statewide leaders met online to discuss their concerns.
   

• Measuring Economic Development Return on Investment (ROI): Wisconsin Models
  Roger Nacker (October 2002)
  
  This paper, which was presented at Wisconsin Economic III, was sponsored by the Public Relations of Committee of the Wisconsin Economic Development Association (WEDA).  Written by the president of the Wisconsin Economic Development Institute, Inc. (WEDI), the paper reports the results of survey of economic development practitioners with respect to the return on investment generated by economic development efforts throughout Wisconsin.
   

• Measuring the New Economy 
  Barbara M. Fraumeni and Steven Landefeld ( May 2000)           
  
  This study, by the Bureau of Economic Analysis at the United States Department of Commerce offers a definition of the New Economy and proposes specific recommendations for the role to be played by the Bureau of Economic Analysis with respect to measuring the New Economy through tracking and reporting a variety of economic indicators. 
   

• Michigan: The High-Technology Automotive State
  Sean P. McAlinden, Abel Feinstein, and Brett C. Smith (May 2000)
  
  This study, conducted for the Michigan Automotive Partnership and the Michigan Economic Development Corporation (MEDC), tracks Michigan’s high-technology workforce, particularly as related to the automotive industry. The study concludes that the American Electronics Association (AEA) uses a more narrow definition of high-tech in their annual ranking, Cyberstates.  The Cyberstates rankings are viewed as critical by the MEDC to changing the nation’s perception of Michigan as a high-technology center.
   

• The New Economy Index:  Understanding America's Economic Transformation
  Robert D. Atkinson and Randolph H. Court (November 1998) 
  
  This study by the Technology, Information and New Economy Project at the Progressive Police Institute provides a comprehensive overview of the New Economy, including New Economy definitions, and the tracking of several key economic indicators.
   

• Nurturing Entrepreneurial Growth in State Economies
  Thom Rubel and Scott Palladino (May 2000)
  
  This report, prepared for the National Governors' Association, examines the unique role entrepreneurs play in the new economy and provides governors with strategies for encouraging entrepreneurial growth.
   

• Reflections on Economic Uses for the State Budget
  Todd A. Berry (November 2001)
  
  This report, prepared as a white paper for the Wisconsin Economic Summit II explores the limits and potential uses of the Wisconsin state budget as an economic development tool.  The paper's author is the president of the Wisconsin Taxpayers Alliance.
   

• Regional Economic Development Collaboration: Wisconsin's Experience
  Roger Nacker, Wisconsin Economic Development Institute, Inc. (October 2003)
  
  Regional collaboration has been advocated as a highly useful tool to address economic development issues.  This white paper submitted for Wisconsin Economic Summit IV explores the collaborative efforts undertaken by economic development professionals in Wisconsin.
   

• A Regional Economic Growth Strategy: Does it Make Sense for Wisconsin?
  Regional Economic Development Workgroup (October 2003)
  
  This white paper, prepared by Sue Gleason at the Department of Workforce Development for Wisconsin Economic Summit IV, is the culmination of the efforts of a group of professionals convened by Richard Wegner and Jennifer Alexander of Alexander, Wegner & Associates.  The group was convened for the purpose of initiating a statewide dialogue on a regional approach to economic growth.
   

• State Strategies for the New Economy
  National Governor's Association New Economy Task Force (February 2000)
  
  This report, prepared for the National Governors' Association, demonstrates that as the new economy brings change and new prospects to individuals, it also brings challenges and opportunities to institutions. In particular, state government needs to transform itself to provide a supportive environment for businesses and citizens to prosper.
   

• Update on Critical Success Factors for Knowledge-Based Industrial Clusters in Wisconsin
  John Torinus, Mark Mone, Brenda Blanchard, Tim Sheehy (November 2001)
  
  Critical Success Factors for Knowledge-Based Industrial Clusters in Wisconsin was initially presented at the first Wisconsin Economic Summit (see above).  This update to the paper was prepared for the Wisconsin Economic Summit II.
   

• Using Research and Development to Grow State Economies
  Dan Berglund and Marianne Clark (May 2000)
  
  This study, prepared for the National Governors' Association, illustrates that the U.S. economy is undergoing a dramatic transformation as the nation moves to an economy driven by technology industries and the application of technology in traditional industries.
   

• What's New About the New Economy?  Sources of Growth in the Managed and Entrepreneurial Economies
  David B. Audretsch and A. Roy Thurik (July 1998, Revised October 2000)

  This study, undertaken by the Institute for Development Strategies at Indiana University, in conjunction with the Centre for Advanced Small Business Economics (CASBEC) and Tinbergen Institute at Erasmus University Rotterdam (EUR), EIM Business and Policy Research, Zoetermeer, documents the shifts in Organization for Economic Co-operation and Development (OECD) member countries from a managed economy to an entrepreneurial economy.  The authors identify and articulate differences between the economies, with particular emphasis placed on changes in economic policy as new and small business enterprises play an increased role in the New Economy.
   

• Wisconsin Manufacturing In The Global Economy: Its Past, Present And Future
  Donald A. Nichols (October 2000)
  
  This paper was prepared by a Professor of Economics and Public Affairs at the University of Wisconsin - Madison, for presentation at the first Wisconsin Economic Summit. The author analyzes how the New Economy forces of globalization and technology have affected Wisconsin's manufacturing in the recent past, and notes the challenges these forces will pose in the future. 
   

  ---