Tuesday, March 09, 2004
Economists at the University of California, Berkeley estimate that outsourcing could hit Silicon Valley hard. 1 in 6 jobs is at risk, according to their calculations. That compapres to 1 in 10 jobs nationally.
According to one of the authors,
"The good scenario is that innovation and dynamism keeps California one step ahead of the rest of the world, so the good jobs stay here and the more routine ones go overseas. ... But the bad scenario is that in the absence of innovation, you're going to have a situation where others catch up" and Silicon Valley loses its dominance.
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.