Edc grow collier kick off 6 23-10

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Edc grow collier kick off 6 23-10

  1. 1. Economic Development Council of Collier County Growing Great Ideas
  2. 2. Collier County Economic Development Objective of the Program Promote technological innovation and spur entrepreneurship, which supports industry cluster development and knowledge networks. County Strategic Goal To be the preferred location for innovative entrepreneurs. Growing Great Ideas
  3. 3. Economic Development in 60 Seconds 1 • Increase the volume of Rest of Good income into the region with competitive traded the Money businesses that employ 1 World primary jobs. 2 Collier County Traded 2 • Increase the velocity of Businesses Neutral money circulating in the region with local Money businesses to create more jobs. Local Businesses 3 3 • Reduce income leaks by Bad reducing outside Another Money purchases and workers Brain Drain and who leave the area. Purchases Region Source: Ed Morrison and I-Open, Distributed under a Creative Commons 3.0 attribution license. Growing Great Ideas
  4. 4. The Realities We Face Command and control will not work. No one can tell anyone else what to do. We are stuck on old thinking…To transform, we will need new thinking…together. Growing Great Ideas
  5. 5. Growing Great Ideas
  6. 6. Who is our Customer? Growing Great Ideas
  7. 7. Economic Gardening Growing Great Ideas
  8. 8. Business Expansion & Attraction Growing Great Ideas
  9. 9. Regional Branding & Marketing Growing Great Ideas
  10. 10. Innovation Economics • Think Differently. Act Differently. Change our conventional economic thinking. • Innovation economics is based on the view that: – innovation powers growth, and – bold public-private partnerships to spur innovation are required. – www.innovationeconomics.org Growing Great Ideas
  11. 11. Summary • Move beyond traditional economic doctrine policies • Need for a convergence in strategy, governance, innovation, and entrepreneurship. • Lift skill sets of leaders • Improve tools to diagnose competitive advantages Growing Great Ideas
  12. 12. Summary • Keys to governance will be new policy incentives for catalyst organizations as conveners for innovation. • Connect public research with areas best able to use it. • Entrepreneurship will continue to be a priority. Growing Great Ideas
  13. 13. Thank you Economic Development Council of Collier County 3050 North Horseshoe Drive, Suite 120 Naples, FL 34105 edc@enaplesflorida.com 239/263-8989 Facebook – EDC, Project Innovation Group, Economic Gardening Group Twitter.com/EDCCollier YouTube.com/EDCCollier Growing Great Ideas

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