Sunday, May 21, 2006
A new business competition in Georgia, supported by the Georgia Research Alliance and the Technology Association of Georgia, has launched. The partners have announced the finalists for their new competition.
Two features distinguishes competition from others. First, it is focused in a particular technology area. Second, the winner gets a meaningful prize: a combined package of seed money and professional services worth $250,000. By providing in-kind services, the competition accelerates the evolution of business development networks. Read more.
Many people focus on the technology clusters that emerge from high growth regions. Equally important, however, are the networks that emerge to accelerate business development.
As one scholar looking at Silicon Valley has noted, "The complex organisation involving venture capitalists, law firms, executive search firms, accountants, specialised consultants, and a myriad of other business service professionals (represent a) critical explanatory variable for understanding Silicon Valley’s ability to constantly remain at the technology’s cutting edge."
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:
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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 business competition in Georgia
