Saturday, October 25, 2003
Pennsylvania is perhaps the leading state in implementing e-business as an economic development strategy. The Center for eBusiness and Advanced IT is a state-sponsored economic development organization that extends eBusiness opportunities to small and mid-sized businesses.
The Center has some interesting inititiatives underway. One involves an electronic supply chain tool, DynaQuote. It is a a web-based business-to-business (B2B) “reverse auction” tool.
In a reverse auction qualified sellers bid against each another through the Internet to sell their goods and services to buyers by offering the lowest price.
Ebay is the most well-known example of Internet online auctions; reverse auctions switch the places of buyer and seller and bidding goes to the lowest price. With this tool in place, the state hopes to make Pennsylvania companies more competitive.
The Center has surpassed $1 million in business through DynaQuote, and it estimates savings of $250,000. Learn 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.
Pennsylvania's e-business initiative: DynaQuote
