Now here's a good idea: a regional "hands-off" pact among economic developers.
Wednesday, December 04, 2002
In North Texas, EDPros have agreed not to recruit each other's industries. The Economic Development Cooperation Compact includes a pledge not to recruit corporations in nearby cities.
In Texas, the temptation for smaller cities to recruit from bigger cities is stimulated by the state's sales tax for economic development. Learn more. Go
At the same time, this type of regional cooperation -- in the form of an explicit agreement not to raid a neighbor's economy -- provides the foundation for a stronger regional development effort.
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.
If you are using a news reader, here is the link to syndicate this site:
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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
Download some background information on me here.
Now here's a good idea: a regional "hands-off" pact among economic developers.
