Saturday, December 18, 2004
Make no mistake: Dell has extracted just about every drop of incentives available in North Carolina. After the state assembled a package worth over one quarter of a billion dollars, Dell touched off a local competition to squeeze even more incentives out of the deal. Read more.
EDPros need to start redirecting our energies from subsidizing businesses to investing in brainpower. James Surowiecki (who has written an excellent book, The Wisdom of Crowds) points out the folly of our ways. Read more.
We'll be continuing to watch states and local governments go overboard on the incentive game. The next show to watch: Toyota.
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.
Dell squeezes NC until it hurts
