Nebraska prepares to update incentives

Saturday, May 22, 2004

Business leaders in Nebraska are continuing to discyuss how the state should update its economic development incentives. The challenge is to update the incentive strategy to move toward more knowledge intensive businesses.

Read more about what is going on. Go.

At the foundation, this change is far more than meets the eye. Shifting incentive strategies involves more than moving from "traditional manufacturing" (whatever that means) to "high tech" (whatever that means). Instead, the real shift should be from luring companies to educating individuals.

We need to be improving our skills continuously. Yet, incentives are still based on older concepts of subsidizing investments for developers and companies.

posted by Ed Morrison |

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