Friday, April 09, 2004
Some years ago, Michael Porter, the guru of clusters, made a surprising assertion: some companies can thrive in the inner city. He published his findings in the Harvard Business Review and went on to found the Initiative for a Competitive Inner City.
Each year, ICIC joins with Inc. magazine to publish the Inner City 100. The list helps to destroy the myth of the inner city as an economic wasteland.
The 2004 Inner City 100 companies created more than 11,600 new jobs between 1998 and 2002, and these jobs paid an average hourly wage of $13.80. 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.
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.
The inner city is not a wasteland
