Friday, January 17, 2003
Albany, N.Y. business leaders are heading to Austin. Their purpose: To learn about the opportunities that will be brought by the arrival of Sematech, a consortium of microchip manufacturers.
Sematech plans to build a research and development facility at the State University at Albany. Albany business leaders expect to see an economic development boom, much as Austin did when Sematech located a research and development facility there in 1988.
We'll see more of this is the type of regional cooperation in the future. Business leaders in innovation-led economies do not see economic development as a "zero-sum" game. Instead, they understand that prosperity comes from balancing collaboration and competition. Read more.
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.
Albany and Austin are forging closer ties
