Enterprise Florida helps universities in Florida, Canada to connect Wednesday, July 28, 2004 Here's another case of a state implementing innovative foreign economic partnerships. Enterprise Florida has provided support for a new strategic alliance between the University of Miami and McGill University in Quebec. The alliance focuses on engineering and information technology. :Read more. Why is this important? Three reasons. First: in the knowledge economy, it's is all about brainpower. Many state legislators don't get this point yet, but colleges and universities are the core of our future economy. Second, globalization is short-hand for the integration of global markets. As markets integrate, national government policies (trade policies, primarily) become less important. Regional economic policies, on the other hand, become more important. States that recognize this fact will move more aggressively to support these alliances. To compete globally, you need to think regionally. Finally, strategic alliances are the name of the game. In a world of networks, no one organization can survive alone. Strategic alliances -- either across neighborhoods or across the globe -- are the primary vehicles through which wealth will be created. Strategic alliances are replacing the large, vertically integrated organizations of the Industrial Age. posted by Ed Morrison |		This work is licensed under a Creative Commons License. links 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. So, spread the word...Share the knowledge. Tell a friend about EDPro Weblog. 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.

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