January/February 2012 | Trade and Industry Development

January/February 2012

Trade & Industry Development Magazine

JanFeb 2012 TID Cover

With the New Year upon us, we decided to take a “cup half-full” approach in this issue of T&ID. Andrew Shapiro’s examination of the Bio Sciences industry showcases successful site selection strategies, while Jennifer Alten explores regions in R&D that are flourishing. And Didi Caldwell and John Sisson ring in the New Year with some resolutions designed more effectively manage siting decisions.

Amidst this backdrop of optimism and inspiration, we take a closer look at the catastrophic tornado events that happened this past spring. As Juli Anne Patty discovers, Joplin, Missouri and Tuscaloosa, Alabama give real meaning to the term recovery. The resiliency and resolve of these communities to re-build and continue to foster new industry should give hope for us all that recovery isn’t just a word, but an attainable goal that happens over time with dedication and diligence.
 

In this issue

Bio Science Site Selection Strategies

BY: Andrew Shapiro

Facility investment in the life sciences sector is one of the most sought after “prizes” in the business location arena. This headline could have been written fifteen years ago, five years ago or today. What differs now are several simultaneous and interrelated trends which are rapidly transforming the business of the life sciences, and are influencing where job creation and capital investments occur. These include: • The convergence of core technologies that spawn bio-sciences innovation. • Changes in the business operating models that manage the research/discovery to commercialization process. • The increasingly tightening interdependency and specialization of the health and patient care industry with the life sciences industry. • This article highlights the importance of workplace geography and the process of location selection in light of these core trends and how ‘place’ decisions apply across the life sciences. more....