Saturday, December 11, 2004
The competition for recruitment deals has never been more intense. But there's also a new skepticism about whether incentives make sense.
It used to be that only economists and public policy professionals raised much question about incentives. Now we see the debate shifting more to the popular press. Some are questioning whether incentives are justified. Others argue that there are better long term returns if we increase investments in early child care.
Here's another article from Memphis that raises questions about the value of incentives. Read more.
A prediction: in the years ahead, economic development incentives will start to shift from companies to people. Here's a good article from San Antonio.
posted by Ed Morrison |
links
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:
Here's the link if you are a bloglines subscriber:
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.
Questioning incentives
