Saturday, September 23, 2006
Last week, the Institute for a Competitive Inner City held its annual conference in Atlanta. ICIC announced the formation of a retail task force to examine emerging opportunities in inner city retail markets.
You can learn more about the summit here. Michael Porter's presentation is available on the ICIC web site here.
Porter's presentation examines the emerging retail markets in the inner city. Porter's analysis suggests that inner city retail presents a $40 billion market opportunity. In other words, the demand for retail services exceeds the supply by $40 billion.
You can read more about the ICIC inner city retail task force here.
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.
Focusing on inner city retail opportunities
