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New Directions in Rural Economic Development New Directions in ...

Source: www.eda.gov
Topic: Economic Development

Sort Desciption: three new strategies for rural economic development: think- .... effective policy to improve economic development in rural regions? ...

Content Inside: ECONOMIC DEVELOPMENT INFORMATION COALITION COMPETING GLOBALLY GROWING REGIONAL ECONOMIES CREATING JOBS Features: Crafting a New Rural Development Strategy Tapping Innovation Entrepreneurship Using Value-Added Agriculture to Create a New Rural America Upcoming Events: Regional Economic Development Forums; National Telecast September 9 S U M M E R 2004 IN THIS ISSUE New Directions in Rural Economic Development New Directions in Rural Economic Development 2 Economic Development America S U M M E R 2 0 0 4 A Message from David A. Sampson Assistant Secretary of Commerce for Economic Development Welcome to the third issue of Economic Development America. This edition focuses on rural economic development covering a range of issues from workforce development and innovation entrepreneur net- works to value-added agriculture and more. The Economic Development Administration hopes you find tools and ideas in this issue to foster the kinds of rural economic development opportunities that President Bush is committed to expanding. In June the U.S. Department of Commerce released Competitiveness in Rural U.S. Regions a report funded by EDA and produced by Professor Michael Porter and the Institute for Strategy and Competitiveness at Harvard Business School. The report is an important step in achieving a contemporary understanding and approach to addressing the economic needs of rural America. The report describes a significant opportunity to move thinking and practice in this field to a new level. There is a clear willingness to act; what seems to be missing is the unifying approach that can rally different participants around a common agenda. The underlying strength of the U.S. economy is its regional economies an approach that now needs to be better leveraged for rural areas as well. Rural communities throughout our nation can grow and prosper; however they must respond to the fact that the world economy is changing. Through regional economic developme ...

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