Thursday, March 27, 2003
Kentucky is building its innovation infrastructure, and the Office for the New Economy is taking the lead. Learn what they are doing here.
Bill Brundage, commissioner of the Office, is trying to manage expectations.
"The new economy is really: science, which is the fuel, technology is the engine and then innovation is what drives it all...
"As we build R&D capacity and build up our commercialization capacity and then bring in that intellectual pool and work force, we build deal flow. It's a 10-year process. A lot will happen over that 10 years, but it's still a good decade before we can get to where we want to go...
"We can take some of the best practices from different states, but we're all different.
"I've laughed over the years at people saying they're creating another Silicon Valley or Research Triangle. That's foolish. There's only one of them. You're not going to recreate them..."
posted by Ed Morrison |
links
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:
Here's the link if you are a bloglines subscriber:
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.
Kentucky's Office for the New Economy
