The four key economic pillars are:
- Education and Talent Supply
- Competitive Business Climate
- Entrepreneurship and Innovation
- Infrastructure and Growth Leadership
Bolstering the four pillars is essential to creating good jobs. Within each pillar are several key drivers for robust economic growth. While each pillar is separate and unique, no single one should be considered in isolation of the others. Instead, the Pillars of a Secure Future should be considered together to achieve a strategic regional, national and global competitive advantage for North Carolina in the war for good jobs.
Pillar 1: Education and Talent Supply
North Carolina must develop and maintain first-rate, leading education and workforce development systems that are effective, agile, accountable, flexible, and consistently produce a competitive, diverse, world-class workforce. This includes the state’s Pre-K program, K-12 public schools, network of state community colleges, state university system and independent colleges and universities.
Pillar 2: Competitive Business Climate
While North Carolina appears near the top of several noteworthy business climate rankings, the state is not creating enough good jobs fast enough to balance the job losses of the last decade and the influx of new people. North Carolina must continually strive to position its business climate competitively to lure investment and keep, attract and grow good jobs for the future.
Pillar 3: Entrepreneurship and Innovation
North Carolina must consistently foster innovation and entrepreneurship that leads to capital formation, investment, employment and good jobs. Creating the culture of innovation and entrepreneurship necessary to be a world-class jobs leader will require a high degree of economic freedom with minimum government interference, regulation and taxes.
Pillar 4: Infrastructure and Growth Leadership
North Carolina must identify ways to invest in the development and maintenance of sound physical infrastructure, including schools, transportation, water and sewer, energy and broadband/advanced communications to meet the demands of growth and the market. While economic development incentives are certainly a less palatable tool for job growth than sufficient, sound infrastructure systems, failing to use them to create jobs when 49 other states are doing so would disadvantage North Carolina.