Monday, September 30, 2002
We are beginning to see more global connections in research and development. Representatives of perhaps two dozen Israeli high-tech companies have been invited to come to Blacksburg and Roanoke, Virginia next month in search of capital to launch operations.The ones that attract financing will move into Virginia Tech's Corporate Research Center, where they will refine their products for the U.S. market and join Tech in joint research projects. Once they expand, they will move into nearby industrial parks.
Virginia Tech is a leading campus for business development. The Virginia Tech Corporate Research Center will start construction in the spring on a $5.8 million small business incubator to launch high-tech companies.The project will be partially funded by a $2 million grant from the U.S. Economic Development Administration; the Virginia Tech Foundation will pay for the rest. Learn more about Virginia Tech's relationships with business. Go
Here's another example of how international R&D partnerships are forming. An Israeli biotech incubator has started operations in Singapore. Singapore has already established four "foreign" incubators with Germany, China, India and New Zealand. Go
posted by Ed Morrison |
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Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
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Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
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