economic development

Want More Entrepreneurs?  Raise Welfare Benefits!

Want More Entrepreneurs? Raise Welfare Benefits!

Over at the Atlantic, Walter Frick has a piece on the relationship between public welfare benefits and entrepreneurship.  The meme in the media is that the more generous the benefits, the greater the dependency, the less the initiative.  Logical, but according to some recent research, dead wrong: Entrepreneurs are actually more likely than other Americans […]

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What makes a University Entrepreneurial?

What makes a University Entrepreneurial?

In an article recently published in the Journal of Commercial Biotechnology, Arlen D Meyers1 and Sarika Pruthi2 outlined the factors that are likely to make a university more entrepreneurial in nature: In our view, an entrepreneurial university has the following five attributes: Top-down vision, strategy and leadership.University Presidents/Vice-Chancellors at entrepreneurial universities have a responsibility to champion enterprise […]

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The Manufacturing Skills Gap Might Actually be a Wage Gap

The Manufacturing Skills Gap Might Actually be a Wage Gap

We’ve commented on this before.  The inability of manufacturers to attract sufficient skilled workers may relate to that sector’s inability to pay an adequate wage.  According to a recent New York Times report, new study supports that notion: . . . .[While] the typical production job in the manufacturing sector paid more than the private […]

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ASU’s 1st “Maker” Summit:  Rethinking Higher Education & Economic Growth

ASU’s 1st “Maker” Summit: Rethinking Higher Education & Economic Growth

This past month, Arizona State University held its first “maker summit” which “brought together teachers and students, engineers and artists, entrepreneurs and policymakers to discuss how education can be more hands-on and collaborative, all the way from preschool to college and beyond.”  According to an ASU press release, the summit focused on ways to bring […]

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Oregon Focuses Internally for Economic Development

Oregon Focuses Internally for Economic Development

A recent article in the Oregonian reported that Oregon’s new economic development chief has announced that the State will concentrate on growing its own companies, and will put much less emphasis on the traditional approach based on attracting firms from outside: Oregon’s current tech renaissance has been fueled in great measure by outposts from big […]

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Economic Development in the 21st Century in One Sentence

Economic Development in the 21st Century in One Sentence

“The most successful economic development policy is to attract and retain smart people and then get out of their way.” Edward Glaeser, an economist at Harvard and author of “Triumph of the City.” The quote is from recent New York Times “Upshot” piece highlighting the ongoing trend of young, college-educated people moving into center cities. […]

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