Saturday, December 18, 2004
Here's a good example of a university-based research partnership that can open the door to global business opportunities. The University of New Mexico and a research center in Mexico have formed a partnership in electrochemistry. Read more.
As regions globalize, colleges and universities play an important role in opening the door to foreign markets. University-based collaborations are relatively easy to form, and they carry relatively little downside risk. They open the door to new networks in a foreign country, and they can reduce the time for U.S. businesses to get connected.
In many foreign markets, the connection between universities and the business community is closer than in the U.S. So, for example, a U.S. business seeking to enter the China market can use academic exchanges -- conferences and meetings -- to develop networks in China.
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.
Connecting to foreign markets through universities
