Have you ever had to convince your spouse, or maybe even a local citizen, what economic development is and the value that it can add to a community? In our experience, we have found that economic development is about “building capacity,” and part of that is education.
As economic developers, we have a responsibility to our communities to increase economic development vitality. Here is a great video of how Metro Orlando EDC describes economic development.
Are there any other great examples that explain what economic development is?