critical support and competitive pressure

According to recent statistics, New Brunswick workers’ wages are lower than their counterparts’ wages in peer states in the U.S. in a number of key industries that are important to New Brunswick’s prosperity. In this research project, the Carlisle Institute seeks to measure the effectiveness of New Brunswick’s emerging clusters of traded industries. The project will also review whether New Brunswick’s market structures provide inadequate specialized support and competitive pressure to firms and individuals.

Drawing on the research of key partners, Carlisle will determine what level of support New Brunswick provides to the economy in infrastructure and basic education. The study will also determine whether New Brunswick’s clusters and the overall economy are benefiting from critical specialized support, such as university-industry collaboration and specialized research and training and how this support compares with other jurisdictions. Research has shown that this is the kind of specialization that creates world-class advantage for companies and workers. Finally, this study will seek to determine whether New Brunswick possesses the structures that create conditions of intense competitive pressure from firm rivalry and sophisticated customers, a known condition for successful competitiveness.

For more information about Carlisle research, contact us at research@carlisleinstitute.org.