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.
