Saturday, August 21, 2004
Some civic leaders in Maryland are continuing to have difficulty adjusting to the fact that North Carolina has overtaken the state in major biotech ratings. For years, Maryland ranked third, behind California and Massachusetts. Now it's fourth.
The best advice comes from Paul Mauritz, director of technology strategy and business development for the Maryland Department of Business and Economic Development: "If you spend all your time trying to manage your position in rankings you tend to lose sight of the ball." Read more.
Take the example of the Rockville Economic Development Corporation. They are moving ahead with a bioinformatics incubator. 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.