Sunday, January 15, 2006
Some interesting articles appeared this week on the consequences of globalization and the opportunities of innovation.
Max Baucus, an influential U.S. Senator was over in India telling his audiences that the outsourcing of white collar jobs is inevitable. Read more.
In Bristol, TN, the editors of the local paper advise their readers that fundamental shifts are underway. Bristol Compressor, the city's largest employer, announced layoffs of 290 workers last week. Read more. Here, the takeover of a local textile plant by a new owner in India triggered the comments. The editors focus their attention on facing the inevitable facts of life and looking for the opportunities in this dynamic, global economy.
Meanwhile, in India, an interesting commentary focuses on the opportunities from innovation. Read more.
And in China, the China Academy of Sciences announced that over the next five years, China will build a series of innovation bases in areas such as information technology, space science, advanced energy, nanotechnology, manufacturing and new materials, medicine, and agriculture. Read more.
Meanwhile, Ireland, a good model for most states to follow, is aggressively moving to increase ties between its companies and partners in China and 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.