Sunday, April 09, 2006
One of the paradoxes of globalization is that our rural economies have multiple new opportunities to build wealth. The expanding role of entrepreneurship in rural economic development, combined with the emergence of smaller towns, open up new horizons for rural economies.
(On the emergence of smaller towns, see Jack Schultz' book, Boom Town USA.)
In addition, new biotechnologies create opportunities in agribusiness development. Here's an example, in Amarillo last week, civic leaders held a conference on BioEconomics. Read more.
This approach to development has been discussed in international development circles. Read more.
posted by Ed Morrison |
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.
New opportunities in rural areas
