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 |
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:
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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.