Outlining the impact of a research park

Monday, September 10, 2007

Leaders of the University of Missouri-Rolla Innovation Park released an economic impact analysis that provides a trajectory for the park's growth. Read more.

Over the next 12 years the analysis indicates that the park could be responsible for $1 billion in new economic activity and 650 to 700 permanent technical and professional jobs.

This type of report helps frame the strategic outcomes on which communities and regions need to keep focused. In a world of increasing complexity and volatility, broad visions are less valuable than more concrete strategic outcomes.

Because they are more specific, strategic outcomes help people align their resources with less ambiguity; there is more opportunity to think through the next steps needed to implement.

posted by Ed Morrison |

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