Tuesday, September 16, 2003
Using Michael Porter's approach to building a competitive inner city, Milwaukee leaders announced new initiative to build competitive inner city businesses. In his presentation to the group Porter emphasized that inner city Milwaukee is not an "economic dinosaur" but a critical part of the local economy where 120,000 people are employed in 5,000 businesses.
This project is part of Porter's Initiative for a Competitive Inner City (ICIC). Learn more.
Today in our history of innovation...
In 1908, former carriage-maker William Crapo "Billy" Durant founded General Motors (GM) by incorporating with a capital of $2,000. Within 12 days the company issued stock that generated $12,000,000 cash..
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.
Milwaukee launches innner city initiative
