Rhode Island innovates: A competitive strategy for the Ocean State

Brookings report on RI’s economy podcast

BROOKINGS NEIL STEINBERG 1
Neil Steinberg President and CEO Rhode Island Foundation

BROOKINGS 1
Mark Muro Senior Fellow and Policy Director Brookings Institution’s Metropolitan Policy Program and Bruce Katz Brookings Institution

BROOKINGS Gov. Gina Raimondo 1
The Honorable Gina Raimondo Governor State of Rhode Island and Providence Plantations

BROOKINGS STEFAN PRYOR
Stefan Pryor Secretary of Commerce State of Rhode Island

Rhode Island – In the fall and winter of 2015–2016, the Metropolitan Policy Program at Brookings worked in association with Battelle Technology Partnership Practice (now TEConomy Partners, LLC) and Monitor Deloitte to advance a new competitive strategy for the state of Rhode Island.

This slideshow summary of the project’s final conclusions finds that Rhode Island possesses unique assets for building an advanced economy that works for all but stands weakened by the decline of its core “advanced industries.” Given that erosion, the slideshow asserts that five advanced industry and two “opportunity industry” growth areas hold out solid potential for growth in the Ocean State and recommends that Rhode Island should embark on a three-part strategy to strengthen its advanced industries and improve its statewide platform for growth.