Wednesday, December 08, 2004
Maine recently completed a site analysis for biomed facilities, and the report holds some promise for second tier cities. According to the report's author, John Boyd of the Boyd Company, Inc.:
"There's a shift from large, (cost) prohibitive markets like Boston, Princeton and Atlanta to smaller markets with low cost-of-living indexes, low tax structures, low cost of doing business. Really, it's no secret. There's an exodus away from the large cities, especially with respect to California."
Read more. Here's some additional background.
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.
Second tier markets in biotech
