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Article: Gaining a competitive edge: Economic development strategies for state and local governments
- Article from:
- Public Administration Quarterly
- Article date:
- October 1, 1998
- Author:
CopyrightCopyright Southern Public Administration Education Foundation Fall 1998. Provided by ProQuest LLC. (Hide copyright information)
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ABSTRACT
For many years, formal economic development efforts have been touted as the means of reviving or revitalizing locales or regions that have undergone recession, loss of key industries, population outmigration or similar traumatic events. Yet these economic development efforts have primarily been reactive--taking place in response to a set of events. The focus of this article is on how states and localities can be more proactive. Looking at a number of actual examples, it will discuss how jurisdictions can adopt a more strategic focus and, as a result, gain a competitive edge.
INTRODUCTION
In a series of reports, the Corporation for Enterprise Development (1988) stated that the ...