cameron county/matamoros - blue - The University of Texas at ...
cameron county/matamoros - blue - The University of Texas at ...
cameron county/matamoros - blue - The University of Texas at ...
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UTB-CBIRD Report: “At the Crossroads” Survey 35<br />
Figure 3.11 represents the combin<strong>at</strong>ion <strong>of</strong> the perceived importance and<br />
effectiveness <strong>of</strong> str<strong>at</strong>egies. A single point on the graph represents each<br />
str<strong>at</strong>egy’s importance and its regional effectiveness according to respondents’<br />
opinions. Str<strong>at</strong>egies with high importance coupled with low community<br />
effectiveness include:<br />
⇒ Promotion/support <strong>of</strong> Local Entrepreneurs in High-tech/high-value<br />
Added Industries/businesses<br />
⇒ Access to Venture Capital<br />
⇒ Promotion/support <strong>of</strong> Local Start-up Industries/businesses<br />
⇒ Regional Economic Development Plans Focusing on Job Cre<strong>at</strong>ion<br />
Figure 3.11 Cameron County: Critical Index <strong>of</strong> Str<strong>at</strong>egies (Importance v. Effectiveness)<br />
0.5<br />
0.4<br />
0.3<br />
Ineffective<br />
ness<br />
0.2<br />
0.1<br />
0.0<br />
Critical Index=.20<br />
2. Access to<br />
venture capital<br />
1. Support <strong>of</strong> Hi-Tech<br />
Entrepreneurs<br />
4. Focus on Plans<br />
for Job Cre<strong>at</strong>ion<br />
3. Support <strong>of</strong><br />
Local<br />
Source: UTB-CBIRD 2002<br />
0.4 0.5 0.6 0.7 0.8<br />
Importance<br />
Table 3.7 indic<strong>at</strong>es Cameron County respondents’ views <strong>of</strong> the str<strong>at</strong>egies th<strong>at</strong><br />
are considered most important but least effectively provided. 1<br />
Table 3.7. Cameron County: Critical R<strong>at</strong>ing <strong>of</strong> Development Str<strong>at</strong>egies<br />
Str<strong>at</strong>egy Critical Index<br />
Promotion/support local entrepreneurs high-tech-value added industries 0.254<br />
Access to venture capital 0.218<br />
Promotion/support <strong>of</strong> local start-up industries/businesses 0.217<br />
Regional economic development plans focusing on job cre<strong>at</strong>ion 0.216<br />
Economic diversific<strong>at</strong>ion 0.193<br />
Promotion/support <strong>of</strong> new business incub<strong>at</strong>ors 0.181<br />
Retention/expansion <strong>of</strong> existing industries/business 0.154<br />
Regional economic development collabor<strong>at</strong>ions <strong>of</strong> cities/countries 0.150<br />
Reloc<strong>at</strong>ion <strong>of</strong> industries/businesses from outside region 0.138<br />
Leveraging <strong>of</strong> community assets 0.119<br />
Cross-border economic development collabor<strong>at</strong>ions 0.091<br />
Free trade zones 0.074<br />
Further development <strong>of</strong> maquiladoras 0.041<br />
Source: UTB-CBIRD 2002<br />
1 Hidalgo County respondents consider the following as being most important but being least<br />
effectively provided by the community: Regional economic development plans, access to<br />
venture capital, regional economic development collabor<strong>at</strong>ions on the U.S. side <strong>of</strong> the border,<br />
free trade zones, cross-border economic development, collabor<strong>at</strong>ions, and promotion <strong>of</strong> local<br />
technology entrepreneurs.<br />
One Region -- One Future