Regional Interaction
When an individual is not enough powerful to catch up with others, it is a good strategy to team up with others. The partnership cuts off the unnecessary competition between Lexington and Louisville. Instead, they get together to stand out in the world stage.
When an individual is not enough powerful to catch up with others, it is a good strategy to team up with others. The partnership cuts off the unnecessary competition between Lexington and Louisville. Instead, they get together to stand out in the world stage.
Bluegrass Economic Advancement Movement (BEAM)
Kentucky’s two largest cities – Louisville and Lexington – are separated by 75 miles of small towns and the state capital, by distinct community identities, and one intense college basketball rivalry. However, they share complementary strengths, clear business and social connections, and together form a distinctive region of “makers” – manufacturing that creates quality jobs and drives innovation from Ford and Toyota motor vehicles, to state-of-the art GE appliance, from the sprawling plants of those major multi-nationals to more than 1,600 firms producing a wide variety of goods, including 97 percent of world’s bourbon. In Bluegrass Economic Advancement Movement (BEAM), Lexington and Louisville as a whole are going to compete against manufacturing regions in the world. We know that manufacturing offers opportunities for solid careers, with each new job spinning off others in the region. We know that manufacturing in America is experiencing resurgence, with macroeconomic trends at our backs. Therefore, the BEAM plan seeks to harness those assets to seize this manufacturing moment for our region and for our entire state. The inter-metropolitan interaction makes individuals more competitive in national and global range. The influence is not generated from city core but evenly distributed between two cities. [11]
In conclusion, the city is transforming from an agriculture-based city to a multi-based metropolitan area. Technology and service play increasingly important roles in economy. In other words, the structure of economy develops more diversified rather than a single industry. Moreover, the city works with many regional and state partners to ensure economic development efforts are successful.
Kentucky’s two largest cities – Louisville and Lexington – are separated by 75 miles of small towns and the state capital, by distinct community identities, and one intense college basketball rivalry. However, they share complementary strengths, clear business and social connections, and together form a distinctive region of “makers” – manufacturing that creates quality jobs and drives innovation from Ford and Toyota motor vehicles, to state-of-the art GE appliance, from the sprawling plants of those major multi-nationals to more than 1,600 firms producing a wide variety of goods, including 97 percent of world’s bourbon. In Bluegrass Economic Advancement Movement (BEAM), Lexington and Louisville as a whole are going to compete against manufacturing regions in the world. We know that manufacturing offers opportunities for solid careers, with each new job spinning off others in the region. We know that manufacturing in America is experiencing resurgence, with macroeconomic trends at our backs. Therefore, the BEAM plan seeks to harness those assets to seize this manufacturing moment for our region and for our entire state. The inter-metropolitan interaction makes individuals more competitive in national and global range. The influence is not generated from city core but evenly distributed between two cities. [11]
In conclusion, the city is transforming from an agriculture-based city to a multi-based metropolitan area. Technology and service play increasingly important roles in economy. In other words, the structure of economy develops more diversified rather than a single industry. Moreover, the city works with many regional and state partners to ensure economic development efforts are successful.