Thursday, March 16, 2006
A business group in upstate New York is moving to exercise more private sector leadership on economic development decisions. Read more. Visit the web site.
The report argues for a new approach to economic development. The report notes: "Despite significant and prolonged tax-supported spending, the impact on the state’s economy has been meager. With the exception of localized achievements, New York’s employment statistics demonstrate that the state economy has not responded to massive injections of taxpayer funds."
Unfortunately, the report is weak on specifics. A better critique was issued recently by member of the state legislature, Joseph Morelle. This report focuses more precisely on the issue of innovation. Download the report.
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.