Friday, December 09, 2005
The dot.com bust a few years ago has led some to underestimate the long term impacts of the Internet. This technology platform changes the economic development world completely. It is our first interactive mass medium, and we are just beginning to understand its implications.
As one venture capitalist notes: "We have not yet begun to recognize the magnitude of change we will undergo as a result of this frictionless, Internet-connected universe. The pace of development, the pace of innovation, is ever increasing, because of the Internet."
So, it is not surprising to see a second generation of Internet-based start-ups emerging in the Bay area. Read more.
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.
The next wave of Internet start-ups
