(2017) Phase I Report: Core Competency Analysis, Platform Identification and Crosscutting Strategies for Iowa Bioscience Development, November 2017. Iowa Economic Development Authority
|
PDF
IABIO_Report_122017.pdf File Size:2MB |
Abstract
Iowa benefits greatly from the bioscience sector. Biosciences overall represent an economic specialization for the state (with a location quotient of 1.36 – meaning the state has 36% more employment in biosciences than anticipated given national normative levels). Biosciences provide high-wage family sustaining jobs (with an average wage of $67,673 versus the average Iowa private sector wage of $41,964), and Iowa has been generally outperforming the nation in terms of bioscience employment growth (plus, biosciences have added jobs at a rate exceeding that of Iowa’s private sector overall). Specialized, growing and paying strong, family sustaining wages – biosciences are critical to Iowa’s current economic success and hold much potential for further focused development.
| Item Type: | Departmental Report |
|---|---|
| Keywords: | Pathways, Economic Development, bioscience, employment |
| Subjects: | Business and industry > Economic development Business and industry > Economic forecasts State government Business and industry > Employment |
| ID Code: | 38873 |
| Deposited By: | Margaret Barr |
| Deposited On: | 05 Nov 2021 13:07 |
| Last Modified: | 05 Nov 2021 13:07 |
| URI: | https://publications.iowa.gov/id/eprint/38873 |