Sunday, November 13, 2005
While I'm on the subject of technology and innovation, there's a new report from the National Academies that outlines the challenges we face from other countries. The report, Rising Above the Gathering Storm, outlines how the race for competitive success is more intense than ever.
The report raises some real alarms about the competition for high end jobs. As Senator Domenici notes in his remarks, "I think we thought we'd be all right. ... We thought we'd keep the high-end jobs, and others would take the low-end jobs. We're now on track to a second-rate economy and a second-rate country."
The report includes some very helpful and practical policy recommendations. For example, to improve education, the report suggests recruiting 10,000 new science and math teachers a year by providing scholarships. The report also calls for a strong commitment to expanding investments in research. The report also calls for higher investments in education and training. You can read more about the report here . You can download the report here.
If you still have doubts about how global our economy is, here's a view of the National Academies report from India. 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.
Important new report on science and technology
