1. Building Regional Competitive Advantage Lessons from U.S. Experience for Poland and Other New EU Member States Dr. Edward F. Stuart Professor of Economics

2. Introductory Remarks By way of an apology A disclaimer A new intellectual “law”

3. Stuart’s Law of Symmetric Ignorance Static Version Dynamic Version

4. Three Eras of Regional Policy Industrial Recruitment Cost Reduction/Deregulation Clusters of Creative Class

5. New Economy Structures Importance of innovation and new products Regional competitiveness based on growth of new firms Innovation dependent on creative workers

6. Nature of the Creative Class Horizontal career paths Weak tie social relationships Short job tenure Individual risk bearing

7. New Class Structure Creative Class Working Class Service Class Agricultural Class

8. Regional Competitive Advantages Talent Technology Tolerance

9. Some Examples Regional Losers Pittsburgh, Pennsylvania St. Louis, Missouri Regional Winners Austin, Texas Seattle, Washington Boston, Massachusetts San Francisco/San Jose, California

10. Possible Lessons Importance of universities Importance of diverse cities Importance of entrepreneurial cultural