Saturday, November 13, 2004
When it comes to incentives, Dell is Master of the Universe. States and localities are willing to pay a lot to get the brand name. Here are two articles:
In the recruitment game, unquestionably Dell commands attention. But here is the irony: Dell is competing in a mature business, and recruitment strategies no longer drive economic development. Innovation strategies do. So, if you are sitting with a limited state budget, where would you place your invesments for the long haul?
Unfortunately, political dynamics rarely present the trade-off in clear terms.
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.