Tuesday, August 26, 2003
We used to think that job losses from overseas competition focused on lower end manufacturing. No longer.
The latest jobs likely to head overseas include higher-end work in information technology, accounting, engineering, and human resources.
View the impacts from the vantage point of Tampa's economy. Go.
If you are still skeptical that globalization is hitting harder and faster than ever before, consider the case of Cadence Design Systems, Inc., a Silicon Valley company that manufactures sofftware used in the design of computer chips.
Cadence has announced that the company will be moving more of its Silicon Valley jobs to China and India. According to the company's chief executive: "In India and China, we can get three to five equivalent engineers for what we pay one here."
(Meanwhile, 25 states are cutting funding for higher education.)
Today in our history of innovation...
In 1895, Niagra Falls generated its first commercial electricity.
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.
Globalization from Tampa's perspective
