Sunday, January 08, 2006
No state is struggling more with the policy shifts in economic development than South Carolina. Pushed up by the Palmetto Institute, the state has been moving away from its traditional economic development strategy of attracting manufacturing firms based on low wages and relatively low business costs.
In its place, the state has been trying to evolve a new strategy around innovation and clusters. As one economist at the College of Charleston states, "Economic development now is struggling to find its way.".
Here's a partial summary of what's been happening in South Carolina. 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:
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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.
Shifting gears in South Carolina
