Monday, September 10, 2007
A good deal of the transformation that takes place in a regional economy happens between people's ears. In many ways, regional transformation is all changing the stories that we tell each other about ourselves.
You can see a new story emerging in Buffalo.
An emerging life sciences sector is helping that city redefine its future. Buffalo's medical corridor connects hospitals and research facilities. It is a good example of the "Meds and Eds" strategy of combining medical facilities and educational facilities as new economic development engines.
You can learn more about this strategy from a recent report by Brookings here. You can also view the strategy document prepared in Arizona here. Here's a good presentation from Carnegie Mellon here.
posted by Ed Morrison |
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.