Exploring the lessons of Research Triangle

Saturday, June 09, 2007

Yesterday, I had lunch with legendary venture capitalist, David Morgenthaler.

We explored the history of Research Triangle Park and the lessons of RTP for regional economic development. Our guide: the head of the Research Triangle Foundation, Rick Weddle.

Our conversation parallels a series of articles in the local Raleigh paper on the history of RTP. Here's one article.

The discussion caused me to look up the speech that David gave at Baldwin-Wallace College last year. His comments, made in reference to Northeast Ohio, apply to any region.

“If the region (and America for that matter) is to maintain its economic edge, it must innovate products, services, and ways of doing things. The poorer parts of the world are studying us, emulating us, and mean to catch us and pass us up economically if they can. They have no reason to feel it is our God-given right to be richer and superior. We are not paying enough attention to this danger to our future.”

If you have not read his speech, it's worth the time.

You can download it from this page.

posted by Ed Morrison |

Subscribe with Bloglines

Creative Commons License
This work is licensed under a Creative Commons License.
The Web EDPro Weblog