Students study changing county economy
The economy of
Literally.
Thirteen
“
The transition, he said, has raised many difficult questions.
“What can we learn from having lost American Shipbuilding and Ford?” Ebert asked.
Ebert, who moved to
“There are little bits of knowledge scattered around the county — in historical societies, in Lorain County Growth Partnership — that can help us understand not just what happened, but why,” said Ebert, who has been a professor of economics at Baldwin-Wallace for 41 years. “And this can really help us move forward.”
Ebert enlisted the help of members from different departments within the Lorain County Growth Partnership.
They are Steve Morey, economic development specialist for Team Lorain County; Cliff Reynolds, director of GLIDE, the Entrepreneurship Innovation Institute based at Lorain County Community College; Frank DiTillio, president of the Lorain County Chamber of Commerce; and Paul Kukuca, director of the Small Business Development Center.
Ebert created the seminar, which he is teaching for the first time, to connect the students with an actual, changing economy and the people whose jobs it is to develop it, he said.
On Tuesday afternoon, the four members of the Growth Partnership met the students and provided the background information the students need to get started.
The students will be split into five teams of two or three to study the corporations and will regularly be in contact with the Growth Partnership.
From the research, the students aim to produce a coherent story of
The loss of large industry, and subsequent gain of smaller, more technology-based businesses, was a major point of emphasis by the Growth Partnership members Tuesday.
The transition has been a challenge, DeTillio said.
“
Reynolds offered one way of viewing this change. In the mid- to late-20th century, Reynolds said
“Eighty percent of the employees worked for just 20 percent of the businesses,” he said. “Now, 80 percent of the companies are 20 employees or less.”
Ebert believes that investigating the causes and effects of this transformation will provide the students — and hopefully, the county — with an understanding of the transition and a look at where it could lead.
Over the course of the semester, the students will research the companies at various historical societies, tour the companies that remain and talk frequently with Growth Partnership members.
Kukuca said that the Growth Partnership deals with
“To have a fresh set of eyes looking at this issue will certainly help us understand it,” he said.
Morey is optimistic that the volume produced by the students will prove informative not just to themselves but for the entire county.
“I’m looking forward to seeing what you come up with,” he told the students. “It’s truly going to be useful to us.”
Contact Michael Baker at 329-7128 or mbaker@chroniclet.com.
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