Monday, November 10, 2003
Boeing is shopping around for a new location for the 7E7. And Washington State has delivered a fat package of incentives. In the process, the company has damaged its reputation with some Washington residents. Read more.
Meanwhile in Texas, the Texas Attorney General is trying to keep documents related to the Boeing deal confidential. A taxpayer has sued to try to get details on the incentive package that the state is offering Boeing. Read more.
All of these incentives are part of a $30 billion to $50 billion annual game the states are playing to recruit businesses. Much of it does not make sense. Take the case of the vacant United Airlines maintenance facility in Indianapolis. After $320 million in investments, the state is left holding the bag. 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.