Wednesday, April 30, 2003
Under the older recruitment model of economic development, rural areas relied on landing manufacturing plants. While this approach still works, entrepreneurship is rapidly rising as an alternative. This week, the Federal Reserve Bank in Kansas City hosted a major conference on the approach. Read more.
Today in our history of innovation...
In 1796, the first U.S. patent for a pill of any kind was issued to Samuel Lee, Jr., of Connecticut, for a "composition of bilious pills" that he marketed as "Lee's Windham Pills" and "Lee's New London Bilious Pills."
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.
Rural entrepreneurship becoming more important
