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Jim Woodell's List: Innovation, Economic Development, Networks

  • Apr 25, 09

    "Today we have significant financial and environmental problems. We are also tremendously fortunate that Social Media will mature precisely when we need it the most.

    The articles in this Blog describe a structure for the innovation economy where human knowledge will become tangible outside the construct of the traditional corporation and inside social networks."

  • Apr 25, 09

    "While the U.S. economy has been transformed by the forces of technology, globalization, and entrepreneurship, the doctrines guiding economic policymakers have not kept pace and continue to be informed by 20th century conceptualizations, models and theories. Without an economic theory and doctrine that matches the new realities, it will be harder for policymakers to take the steps that will most effectively foster growth."

    • Rather than focus principally on markets assumed to be in equilibrium and individuals assumed to be acting rationally in response to price signals along supply and demand curves, innovation economics recognizes that innovation and productivity growth take place in the context of institutions.
  • Apr 26, 09

    "Edward and Darlene Lowe created the Edward Lowe Foundation in 1985 to "champion the entrepreneurial spirit" as a cornerstone of the free enterprise system.

    The foundation does not provide grants, but serves its mission as an operating foundation. Programs are developed to deliver information and educational activities that support second-stage entrepreneurs."

  • Apr 26, 09

    "Developed by the Edward Lowe Foundation, YourEconomy is a free research tool that enables visitors to take a closer look at business activity in their local communities—and across the United States.

    YourEconomy presents a unique lens to view data from: Statistics are first sorted by three employer categories (noncommercial, nonresident and resident establishments). Then, resident establishments are subdivided into four stages that reflect different issues companies face as they grow."

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