Wednesday, August 15, 2007
Part of the new formula for economic development involves integrating physical development more closely into community strategies. In today's word, communities and regions need to develop quality, connected places to attract people, businesses and investment.
In order to develop these places, states need to integrate resources that often cross several departments. At the same time, states need to structure incentives to leverage local efforts and resources. Here's an example: Missouri's DREAM initiative (Downtown Revitalization and Economic Assistance for Missouri).
Here's an article that explains the DREAM initiative from the ground level. Read more.
You can learn more about the DREAM initiative from the web site.
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:
Here's the link if you are a bloglines subscriber:
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.
Developing quality, connected places
