Industries & Companies  

Knowledge-Based Business/Office

Knowledge-Based Business

An emerging sector, it's been proven that knowledge-based businesses - like internet/web design, digital media, product design, architecture, business consulting and software development (to name only a few) – pay smart wages and attract smart people. Generating more than $3.4 million in annual wages, these innovative companies represent Savannah's future. And, The Creative Coast Alliance (TCCa) is Savannah's answer to this shifting business horizon.

And, unlike many communities, Savannah's local government “gets it.” They are not only supporting efforts in traditional business locations and expansions – like manufacturing and distribution – but they are actively engaged in the attraction and growth of knowledge based businesses, innovative, creative and technical companies.

 

The Creative Coast Alliance

The Creative Coast Alliance (TCCa) recognizes an important shift in American and urban societies: the growing role of creativity in our economy. TCCa a public/private partnership created by the Savannah Economic Development Authority, City, County and technology leaders that provides services and engages in activities to keep Savannah competitive in a creative age. Stated more simply, TCCa aims to create, grow, attract and provide resources to (or links thereto) creative and technology-based businesses in the Savannah area.
 

Defining the Knowledge-Based Business Sector

Using disaggregated, company-specific wage and employment data from the GA Department of Labor, and cross-referencing the U.S. Occupational Employment Matrix from the Bureau of Labor Statistics, TCCa developed a methodology to specifically isolate and measure the activity of what they called “knowledge-based businesses.” This methodology was unlike other typical “technology” sector analysis in that it included the “creative” industries as well: Graphic and Visual Design, Art and Photography, to name a few. To put it simply, TCCa isolated those (technical and creative) industries by determining those that had the highest percentage of knowledge-based occupations. The industries that fell through the filter in the top 10% were designated as knowledge-based industries.

NAICS CodeIndustry Description
5111
Newspaper, periodical, book and directory publishers
5112
Software publishers
5121
Motion picture and video industries
5122
Sound recording industries
5151
Radio and television broadcasting
5152
Cable and other subscription programming
5161
Internet publishing and broadcasting
5181
Internet service providers and web search portals
5182
Data processing, hosting and related services
5413
Architectural, engineering and related services
5414Specialized design services
5415
Computer systems design and related services
5416
Management, scientific and technical consulting services
5417
Scientific research and development services
5418
Advertising and related services
US Census Bureau