Wednesday, August 18, 2004
Maine is making progress in building its innvoation economy, but it has a long way to go. Maine spends 0.88 percent of its gross state product -- the value at retail price of goods and services produced by a state -- on research and development; New England spends 3.6 percent, while the country spends 2.68 percent.
There's a deeper concern: what is the right mix of innovation investments for the state? To help answer this key question, the state has recently created the Office of Innovation to coordinate efforts across the government.
You can download a copy of the state's most recent indicators report from this page.
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.
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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.