Guiding local incentives toward innovation

In the future, I suspect that we will find more economic development incentives directed toward building the anchors we need for regional innovation. Here’s a good example. In Missouri, the Boone County Industrial Development Authority has awarded funds to the Missouri Innovation Center.

The Industrial Development Authority represents a traditional economic developer organization focused on a recruitment. Now they are providing funds directly to the innovation Center in order to support the development of an incubator.

by Ed Morrison.

Full Story: http://edpro-weblog.net/news/2008/11/15/guiding-local-incentives-towrd-innovation