Thursday, October 16, 2003
In what they characterize as "a difficult call", EDPros in Denver are supporting a $10 incentive deal for Wal-Mart.
Three core questions need to be answered. First, is Wal-Mart the appropriate anchor for the site? Second, if it is, does the company need an incentive to make the investment? Finally, if an incentive is needed, what is the appropriate level and structure?
It's an interesting case study of when and how to use incentives. 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.
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.
Incentives for Wal-Mart in Denver
