The Future For Tech-Based Economic Development

Mixed results, a poor economy, and budget woes are forcing a much more critical look at technology-based economic development programs.

1 minute read

July 15, 2003, 5:00 AM PDT

By Chris Steins @planetizen


"In the last ten to twenty years, several regions of the United States have developed strong local economies based on fast-growing high-technology industries. Encouraged by these successes, public and private sector groups in many regions have launched initiatives to promote high-technology development of their own... While economic Development means many things to many people, any discussion of tech-based economic development inevitably leads to a discussion of incubators. To many economic development initiatives nationwide, it also means redesigning government programs like Enterprise Zones and redefining such development staples as industrial parks and office parks in order to spur technology business development."

Thanks to Chris Steins

Tuesday, July 15, 2003 in Los Angeles Regional Technology Alliance

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