Document Type

Report

Publication Date

5-2022

Publication Title

Levin Policy Brief

Abstract

The term “brain drain” implies a region’s talent pool fading out, with the “best and brightest” leaving for greener pastures. Plugging the brain drain has become a cottage industry for consultants and non-profits alike. It is arguably the modus operandi of the new Cleveland Talent Alliance, a consortium of economic development agencies whose goal is to grow the region’s talent pool. “It’s important we measure progress and not just activity,” explains one of its leaders .

Measuring progress entails getting a baseline. This Levin Policy Brief—the third in a running series—investigates. The first brief examined Cleveland’s potential to be a hub of healthcare worker training, and the second analyzed mortality rate shifts post-Covid. We move on to talent, or human capital, which is an upstream factor to innovation which, in itself, is an upstream factor to industry composition, firm formation, employment, and income.

Issue

May 2022

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