Friday, October 10, 2003
Research universities are moving to the center of economic development strategy. And regions that figure out how to coordinate efforts among different institutions will be more competitive.
In Arizona, the presidents of three state universities ahave unveiled a plan to build a joint biomedical campus in Phoenix. This is the type of Big Idea that has the potential change the economic landscape in the state.
The Council on Competitiveness, in a 1996 report, "Endless Frontier, Limited Resources: U.S. R&D Policy for Competitiveness" predicted -- "Over the next several years, participants in the U.S. R&D enterprise will have to continue experimenting with different types of partnerships to respond to the economic constraints, competitive pressures and technological demands that are forcing adjustment across the board.
"The innovative responses to these constraints, pressures and demands include - closer working relationships between research universities and industry, increased interaction between industry and the federal R&D establishment, and company-to-company R&D alliances among domestic competitors, suppliers and even foreign rivals."
Arizona is heading down the right path. Read more.
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.
Arizona universities announce a plan for a joint campus
