PLACE Database

PROJECT OVERVIEW

The PLatform for Advancing Community Economies (PLACE) database is a firm-level database that tracks the genesis of the entrepreneurial ecosystems across the state of North Carolina. In 2010, Maryann Feldman (in partnership with Nichola Lowe through 2018), began building a database that provided a fifty-year perspective on technology-intensive entrepreneurial activity in North Carolina’s Research Triangle Region. This database provides a unique resource for studying the temporal dynamics of a regional economy by combining a firm-centric analytical framework with a consideration of the institutional richness of the regional support system. Our methodological approach is to study the development of regional entrepreneurial economies by providing a comprehensive analysis of the constituent organizations and institutions over time.

Originally, the PLACE database study region was defined as the spatial configuration of firms in the 13-county Research Triangle region surrounding the Research Triangle Park of North Carolina, where large multinational and multi-jurisdictional firms were recruited, starting in 1962. As a result of mergers, acquisitions and other start-up activity, thousands of technology-intensive entrepreneurial firms have populated the adjacent area over time.

We are currently expanding the PLACE database to cover all 100 counties of North Carolina. This data collection effort draws from over 30 distinct data sources (both public and proprietary), and yields details on company founders, annual firm employment, and engagement with the entrepreneurial ecosystem. The result is a unique data-driven platform that provides a resource that is useful to state and local policymakers, entrepreneurial support agencies, and local business media. This database is rigorously maintained and new data are being added continually.

Key data elements of the PLACE SQL database include, but are not limited to:

  • Year of incorporation for startups
  • Year of relocation for established firms formed outside the region
  • Sector, subsector & technology
  • Complete records of addresses
  • Corporate affiliations, if applicable
  • Annual Employment
  • Annual Sales
  • Annual Patent filings
  • Participation in entrepreneurial support organizations and other business development programs and initiatives
  • Key financial milestones, such as: venture capital infusion; federal small business assistance financing; State grants & awards
  • Liquidity events, such as: IPO; acquisitions; mergers; bankruptcy
  • Educational attainment and career history of founders (for startups)



PRINCIPAL INVESTIGATOR
Maryann Feldman

PROJECT MANAGER
Jenny Hill, PhD Student, Public Policy

RESEARCH TEAM

Emily Nwakpuda, PhD Candidate, Public Policy

Paige Clayton, PhD Candidate, Public Policy

Tyler Ording, Undergraduate, Business Administration & Computer Science

Justin Schmitt, Undergraduate, Business Administration & Computer Science

STUDENT ALUMNI

Laney Smith
Undergraduate
Public Policy and Geography (2013)
Zachary Smith
Undergraduate
Economics and Public Policy (2013)
Dana Royal
Undergraduate
Mathematical Decision Sciences (2013)
Jonathan Stupak
Undergraduate
Public Policy and Political Science (2014)
Teddie Hadjimichael
Master’s Student
City and Regional Planning (2014)
Wil Heflin
Master’s Student
City and Regional Planning (2014)
Chester Wells
Master’s Student
Information and Library Science (2014)
Khadijah Diaz
Undergraduate
Public Policy (2014)
Jasmine Kreig
Undergraduate
Mathematics (2014)
Carolyn Fryberger
Master’s Student
City and Regional Planning (2014)
Lauren Lanahan
PhD Student
Public Policy (2015)
Zekun Yu
Master’s Student
Information Science (2015)
Daniel Fleck
Undergraduate
Public Policy (2015)
Patrick French
Undergraduate
Public Policy (2015)
Cara Wittkind
Master’s Student
City and Regional Planning (2015)
Rui Chen
Masters Student
City and Regional Planning (2016)
Jongmin Choi
Doctoral Student
Public Policy (2016)
Mary Donegan
Doctoral Student
City and Regional Planning (2016)
Enrique Lambrano
Undergraduate
Public Policy (2016)
Katherine Manweiler
Undergraduate
Business and Economics (2016)
Elizabeth Yamall
Masters Student
City and Regional Planning (2016)
Allison Forbes
Doctoral Student
City and Regional Planning, Project Manager (2017)
Grayson Berger
Undergraduate
Public Policy and Business Administration (2017)
Joon Lee
Undergraduate
Computer Science (2017)
Svetak Sundhar
Undergraduate
Computer Science (2017)
Simrann Wadhwa
Undergraduate
Public Policy (2017)
Charlotte Burnett
Master’s Student
Business Administration (2018)
Ryan Goodwin
Undergraduate
Business Administration (2018)
Alexander Leedom
Master’s Student
Business Administration (2018)
Nicholas Loukellis
Master’s Student
Business Administration (2018)
Connor Murphy
Undergraduate
Public Policy (2018)
Hidy Akila
Undergraduate
Business Administration (2019)
Connor Murphy
Undergraduate
Public Policy (2018)
Amber Pace
Master’s Student
Business Administration (2019)
Gayathri Raghavendra
Undergraduate
Public Policy & Computer Science (2019)
Keagan Sacripanti
Master’s Student
City and Regional Planning (2019)
Siddharth Vashist
Master’s Student
Business Administration (2019)
Ryan Wallace
Undergraduate
Public Policy (2019)



PRESS

http://www.heraldsun.com/view/full_story/17292692/article-Entrepreneurs-bring-jobs–attract-investment-in-N-C–report-says-

http://www.newsobserver.com/2012/01/26/1806985/entrepreneurs-job-creation-tallied.html

http://blogs.newsobserver.com/business/ced-report-focuses-on-big-picture


PUBLICATIONS

Feldman, M.P. and N. Lowe. (2015). Triangulating Regional Economies: Realizing the Promise of Digital Data. Research Policy, 44 (9): 1785-1793

Lowe, N. and M.P. Feldman. (2014). Breaking the Waves: Innovation at the Intersections of Economic Development Policy. Working paper. Chapel Hill: University of North Carolina.

Feldman, M.P. and T. D. Zoller (2012). Dealmakers in Place: Social Capital Connections in Regional Entrepreneurial Economies. Regional Studies. 46(1): 23-37.

Feldman, M.P. and N. Lowe. (2011). Restructuring for Resilience. Innovations: Technology, Governance, Globalization, 6 (1): 129-146.



DATA DETAILS

  • Unit of Analysis: Establishment
  • Coverage: Universe of entrepreneurial starts-up and establishments in technology-intensive industries (e.g., life sciences, information and communication technology, gaming, cleantech and business services) in the 13-county North Carolina Research Triangle Park region from 1962 to the present; currently being expanded to capture all startups in North Carolina
  • Size: More than 6,000 establishments
  • Form: Database
  • Key Data Elements:
  • Year of incorporation for startups
  • Year of relocation for established firms formed outside the region
  • Sector, subsector & technology
  • Complete address
  • Corporate affiliations, if applicable
  • Annual Employment
  • Annual Sales
  • Annual Patent filings
  • Participation in business development programs and initiatives
  • Key financial milestones, such as: Venture capital infusion; Federal small business assistance financing; State grants & awards
  • Liquidity events, such as: IPO; Acquisitions; Mergers; Bankruptcy
  • Educational attainment and career history of founders (for startups)
  • Timeframe: Annual from 1962 to the present
  • Frequency: Collected continuously & still under development
  • Data Collection Method: Original data collection & synthesis
  • Access: Currently available upon request
  • Uses for Regional Analysis: The database allows for an in-depth understanding of the complexity of the process of regional economic change and the role of constituent organizations over time. The underlying data collection methodology and database structure may be replicated in other places.