Saturday, July 05, 2003
Ohio University has moved its incubator, the OU Innovation Center, into a new $5.7 million facility. The Center's tenants include technology companies. The lead tenant: a biotech firm that manufactures diagnostic kits.
Tenants pay minimum market rents, with the smallest space going for $150 per month. Companies in the incubator benefit from the services provided by the Center. Most important is networking.
The Center proves that sophisticated business development can take place beyond metro areas. You do not need a top tier research university, either.
In 1944, Harry Crosby took the first rocket airplane, MX-324, for its maiden flight, at Harper Dry Lake, Calif. Northrop built the airplane.
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
Download some background information on me here.