Sunday, September 11, 2005
Here is a good commentary from the executive at Battle Creek Unlimited on the importance of education and economic development. Read more.
Most of us grew up in the economic development profession with recruitment as the central strategy for building an economy.
Over the next 10 years, developing brainpower -- and figuring out how to convert this brainpower into wealth through entrepreneurship and innovation networks -- has become the central challenge of economic development. While recruitment will still play a part in our strategies, it will become more balanced with these other approaches.
Here's another example of how this thinking is shifting. In a recent article in the Smoky Mountain News, discusses the need to shift economic development priorities in North Carolina toward encouraging the development of small businesses. 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.
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.
Building brainpower
