Orange County NC Website
as a source of specialized training. Programs like BioNetwork have been developed to meet <br />industry specific needs, and training is often included in incentive packages for firms <br />considering relocating to North Carolina (NC Commerce, 2009). <br />Research and Industrial Parks <br />Research Triangle Park initiated a hub of research and development. Several other <br />research parks have appeared in the state, such as Piedmont Triad Park (Starner, 2008). <br />The impact of these developments go beyond the firms within the park, but at least 1,500 <br />spin -off firms have come from RTP alone (Starner, 2008). In addition to the large research <br />parks, there are several industrial parks across the state and 36 such parks within the <br />Research Triangle Regional Partnership Region (Luger, 2003). A 2003 study of the <br />potential for a hub -based strategy suggests that these parks have considerable amounts of <br />available land in the region. It should be noted that Orange County does not have such an <br />industrial park. While this study further suggests that there are too many industrial parks <br />and that counties should cooperate to plan these industrial uses better, the amount of <br />available land and therefore low prices can be seen as an advantage for the region. <br />Workforce <br />A lower percentage of North Carolinians, 25 %, have Bachelor's degrees, compared to the <br />national average of 27% (U.S. Census Bureau, 2008). Regionally, however there is a <br />significant advantage, with 47% of adults having a Bachelor's degree (RTRP, 2003). <br />Clusters <br />All of the regional economic development partnerships in the state have analyzed their <br />regional clusters and targeted their recruitment towards growing clusters that provide <br />good jobs. The Research Triangle Regional Partnership undertook such a study in 2003, <br />identifying high tech clusters within the "core metro," "non -core metro," and "non- metro" <br />sub - regions. The following are regionally identified clusters: <br />• Advanced Gaming and E- Learning <br />• Advanced Medical Care <br />• Agricultural Biotechnology <br />• Analytical Instrumentation <br />• Biological Agents /infectious Diseases <br />• Clean /Green Technologies <br />• Defense Technologies <br />• Informatics <br />• Nanoscale Technologies <br />• Pervasive Computing <br />• Pharmaceuticals <br />(RTRP, 2009b) <br />These clusters provide high paying jobs in growing sectors. The Research Triangle region <br />provides support to targeted clusters, through research centers, community college <br />programs, recruiting conferences and events, and continuing with cluster research (RTI <br />International, 2009). <br />