Monday, August 06, 2007
One of the best approaches to addressing the brain drain is to make your community attractive and open to innovation and entrepreneurship...that strategy will attract people. Youngstown is experimenting with this approach. So is Erie, Albany, Rochester, Youngstown, Akron and Syracuse.
A recent report from the NY Fed in Buffalo reinforces this notion. Read more. You can download a copy of the report here.
In sum, don't worry so much about the brain drain. Focus on building attractors for brain gain. That's a more offensive strategy that connects assets to create new opportunities. It's the approach that this commentator from Toledo advocates.
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.
Playing offense: Focus on brain gain
