Assessing demographic and economic trends in order to prescribe policy that leads to prosperity for the urban disadvantaged.
This article makes the case for such an age-focused economic development strategy.
Dr. Jim Johnson, Director of the Urban Investment Strategies Center, speaks at Columbus Metropolitan Club on 'The Browning and Graying of America.'
North Carolina’s 65 and older population is growing almost twice as fast as the total population, increasing by close to a half million since 2000.
The aging of the world’s population will transform all of our social, economic, and political institutions. Ideas and innovations are urgently needed to help seniors age successfully.
 

Recent Publications

Business Intelligence for Creating an Inclusive Model of Contracting and Procurement in the City of Durham

September 01, 2019

Gentrifying cities increasingly are adopting inclusive and equitable development policies, strategies, tools, and regulatory practices to minimize, if not altogether eliminate, the demographic and economic dislocations that often accompany their growing attractiveness as ideal places to live, work, and play for a creative class of young people and well-resourced retirees who are predominantly white. Creating greater opportunities for historically under-utilized businesses to grow and prosper through enhanced local government contracting and procurement is one mechanism through which gentrifying cities are trying to generate greater equity and shared prosperity. More

Race, Old Age Vulnerabilities

April 22, 2019

African American older adults face a major retirement crisis (Rhee, 2013; Vinik, 2015)). Owing to a legacy of racial discrimination in education, housing, employment, and wages or salaries, they are less likely than their white counterparts to have accumulated wealth over the course of their lives (Sykes, 2016). In 2013, the median net worth of African American older adult households ($56,700) was roughly one-fifth of the median net worth of white older adult households ($255,000) (Rosnick and Baker, 2014). Not surprising, given these disparities in net worth, African American older adult males (17%) and females (21%) were much more likely than their white male (5%) and female (10%) counterparts to live in poverty (Johnson and Parnell, 2016; U.S. Department of Housing and Urban Development, 2013a). They also were more likely to experience disabilities earlier in life and to have shorter life expectancies (Freedman and Spillman, 2016). More

Aging as an Engine of Innovation, Business Development, and Employment Growth

July 01, 2018

Older adults will drive U.S. population growth over the next quarter century. Aspiring entrepreneurs and existing business enterprises that recognize the propitious opportunity to drive innovation by creating products and services that promote successful aging and create age-friendly communities can potentially shape U.S. economic and employment growth in the foreseeable future. More

Do Business Ecosystems See Color?

June 13, 2018

This article describes an American community survey and a survey of business owners of which the data are merged to assess the experiences of minority- versus white-owned small businesses between 2007 and 2012. This is highlighted due to it being a period encompassing the worst economic downturn since The Great Depression. White firms declined while minority firms grew rapidly. Despite recent efforts to create inclusive entrepreneurial and business ecosystems, however, minority business owners made little progress toward achieving equity or parity with white business owners. Policy prescriptions and implications for future research are discussed. More