Researchers: incentives have no impact on job creation
Tuesday, April 15, 2003
In study of the impact of economic development incentives, two unniversity researchers have found that incentives have no impact on job creation.
Professors David Kraybill of Ohio State and Todd Gabe of the University of Maine looked at 366 establishments that expanded between 1993 and 1995, and compared those that received state incentives with those that did not.They conclude that incentives don't stimulate job growth and that firms that received incentives inflated their job claims. Download the study.
Today in the History of Innovation
I'm starting a new feature that celebrates the innovative power of the U.S. economy. Each day, I'll mention a significant event in our remarkable history of innovation and technology development. It's a way for us as EDPros to recognize the importance of what we do by encouraging people to push out the boundaries of our economy. (This material comes from Today in Science History).
Today in 1817, the Erie Canal was authorized. It was the first canal of importance in the U.S. and linked Buffalo on Lake Erie with the Hudson River at Albany New York, a distance of 360 miles.
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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Researchers: incentives have no impact on job creation
