Prepared by:
March 3rd, 2014
International Business Strategy
EXECUTIVE SUMMARY
After discussing and identifying industries in Baltimore region for our project analysis, we chose higher education and healthcare as the industries for our analysis. As both of these industries are prominent worldwide with dynamic synergy and strategic alliances between the two, we felt higher education and healthcare would be a strong choice for the potential of global business expansion.
With Baltimore 's long history of higher education, coupled with one of the highest healthcare industry concentrations among major metropolitan Unites States, Baltimore …show more content…
Located in the proximity of Baltimore are many federal and state healthcare organizations. With Baltimore 's close proximity to Washington, DC, the Greater Baltimore and the metropolitan areas between Washington, DC corridor has several federal organizations including Department of Health and Human Services (DHHS), Centers for Medicare and Medicaid (CMS), and the National Institute of Health (NIH). NIH is the largest source of medical research funding in the world with 27 research facilities specializing in medical research. CMS located in Woodlawn, employs over five thousand employees, and has a large federal budget, including the administration of the Affordable Care Act (ACA), Medicare, Medicaid, and other healthcare federal …show more content…
These consist of a conglomerate of four year public and private colleges/universities, community colleges, and two year independent colleges. The oldest university in Maryland is St. John’s University founded in 1696 (A brief history of St. John 's College, n.d.). Washington College was founded in 1782 (College history, n.d.). Johns Hopkins University was added to the growing number of higher education facilities in Maryland in 1876 (A brief history of JHU, n.d.). Coppin State University was opened in 1900 specifically targeted at African American students (CSU history, n.d.). The Baltimore area’s rich higher education history has led it it’s being ranked number 4 in the country for the top metro areas with greatest number of advanced degrees and number 8 in metro areas with the most bachelor’s degrees according to the Economic Alliance of Greater