The Stem Dilemma by Fran Stewart

Author:Fran Stewart
Language: eng
Format: epub
ISBN: 9780880996419
Publisher: W.E. Upjohn Institute for Employment Research

Table 6.6 Relationship between STEM/Soft Occupational Skill Requirements and Regional Economic Well-Being Indicators for Midsized MSAs

Table 6.7 Relationship between STEM/Soft Occupational Skill Requirements and Regional Economic Well-Being Indicators for Smallest MSAs

CONCLUSION

The above analyses buttress the robustness of an occupation-based model of human capital in exploring differences in regional economic well-being. The amended models offered good explanatory power and revealed relatively consistent results regardless of whether regions were segmented by population or educational attainment levels. However, the analyses also make plain that context matters. Regions not only differ in their capacity to deploy human capital, but their success in developing their human capital may vary depending on their size and the caliber of the existing talent pool. This has important implications for policymakers from regions big and small. Policies and programs that imitate human capital investments that work in other regions without taking stock of differences in capacity and context will not likely yield the desired return in terms of improved economic well-being.

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