Regional Competitiveness in 2020

Ever wonder why certain communities grow and thrive, seem to attract the best talent, and are on all the "Best" lists? Economic competitiveness. Enter the Midlands Regional Competitiveness Report, an annual benchmarking tool that scores the Columbia region against comparative regions in the Southeast to see how we stack up.

Talent

A region’s ability to attract, develop and maintain a vibrant and skilled workforce. Metrics include GDP per worker, STEM degrees awarded, STEM salaries, percentage of knowledge workers, educational attainment and percentage of global talent.

VIEW THE TALENT SECTION

Innovative Capacity

A region’s capacity to support the creation of new ideas, products and processes. Metrics included in this index are number of innovation awards, research and development, academic degree achievement and R&D funding.

VIEW THE INNOVATION SECTION

Entrepreneurial and Business Environment

A region’s relative ease of doing business and the strength of the support system for the startup, growth and maintenance of businesses. Indicators include proprietors’ share of income, small business activity, business density and business services employment share and establishment growth rate.

VIEW THE ENTREPRENEURSHIP SECTION

High Impact Clusters

A region’s ability to sustain and grow high impact industries that are competitive on an international scale. Indicators in this index are high impact density, employment diversity, employment per square mile, high wage employment, high impact growth and traded cluster employment growth.

VIEW THE HIGH IMPACT CLUSTERS SECTION

Livability

A region’s ability to build an inclusive and dynamic live, learn, work and play environment. Metrics include employment in arts and entertainment, healthcare access, commute time, vitality, cost of living, crime and overall wellbeing.

VIEW THE LIVABILITY SECTION