Monday, June 30, 2003
Manufacturing job losses are continuing, but improvements in manufacturing productivity represent the Big Story of the 1990's that the business press missed.
Read this article to understand the changes sweeping manufacturing. The author is talking about Maine, but the same story applies to your state.
Competitive manufacturing today demands sophisticated skills and generates high incomes. The jobs are fewer but the incomes are higher. We need to continue to invest in manufacturing -- and the skills needed by competitive firms -- to accelerate this trend. Otherwise, we all lose.
The days of high incomes and low skills are gone. Go.
Folks in Indiana need to read this article. They seem confused about manufacturing...They are setting up a false choice between manufacturing and "new economy" jobs. Read more.
My Bonehead Quote of the Month award goes to an EDPro quoted in the article, "We all know manufacturing is leaving the United States."
Today in our history of innovation...
In 1861, Elisha G. Otis, of Yonkers, New York patented the safety elevator as a "Hoisting Apparatus".
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.