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A New Economic Development Strategy for ¾ÅÉ«ÊÓÆµ: put people and place first to create good-paying jobs

The evidence is clear that it’s time to stop a failed economic development strategy that invests state resources in businesses, and reorient towards investments in talent.

In this commentary, first published by  and co-written with Ned Staebler of Wayne State’s Office of Economic Development and TechTown, we argue that economic developers in ¾ÅÉ«ÊÓÆµ are looking at their task all wrong. For ¾ÅÉ«ÊÓÆµ to be successful, we must flip traditional efforts on their head and adopt a bottom-up approach. Talent doesn’t follow companies, it’s the other way around. That means it’s time to invest in human capital – our people..

Click here to read the report.

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