Friday, April 25, 2003
Here's an article that summarizes the legislative deal that is emerging from the Indiana legislature on their new economic development strategy.
While the governor proposed a 10 year initiative, the legislature has funded it for only two.
Today in our History of Innovation... It's the birthday of DNA. Our discovery of it, that is. In 1953, James Watson and Francis Crick published the structure of DNA in a one page article in the journal, Nature. Their work earned them a Nobel Prize in 1962.
This discovery lit a biotech explosion. In 1974, Monsanto estimated the cost of sequencing a gene would be $150 million. Today, it is less than $50. In 1991, all of the world's labs had identified only 2,000 genes. By 1995, researchers had published a partial map of our genetic code containing 35,000 genes. By 2000, the leading research laboratory had accumulated enough gene information to equal 6 Libraries of Congress on its basement computers.
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:
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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.