Saturday, November 22, 2003
Foreign born entrepreneurs are changing the face of the Seattle economy. Typically, we think of immigrant entrepreneurs starting in small, local businesses, such as restaurants, hotels, or convenience stores. These local businesses typically do not have a major impact on propserity in a regional economy.
Now, more foreign-born entrepreneurs are starting growth-oriented businesses. These businesses can add significant numbers of jobs, as well as higher incomes.
A good quote explains part of the story: "As an immigrant, you have a high tolerance for dealing with uncertainty. If you leave your country, your home and familiar surroundings, you know how to deal with uncertainty." 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:
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.
Immigrant entrepreneurs reaching higher
