Thursday, January 06, 2005
Indiana, under its new governor Mitch Daniels, is moving quicky to reorganize its economic development efforts.
The Indiana Economic Development Corporation is a public-private entity that is scheduled to take over the economic development functions of the Indiana Department of Commerce starting July 1. The development corporation was first created at the end of the 2003 session of the General Assembly, with a provision to work out its details by July 2005. Governor Daniels wants to move up the efffective date. Opponents are gagging on the idea that the new corporation will not be subject to public disclosure laws.
The corporation will run all the state’s economic development and business programs. In addition, it will be allowed to raise private funds. One of its chief responsibilities would be negotiating incentive packages. Read more.
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.