Saturday, October 24, 2009

Economic Development

Economic development isn't the same as business development, though many officials conflate the two.

How to tell the difference? Business development tries to increase market share - in other words, to get a bigger slice of the pie. Economic development seeks to bake a bigger pie.

How can Oriental and Pamlico County bake a bigger pie? About half a dozen ideas come to mind. I'd be happy to share them with anyone who asks.

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