Northspan: White paper advocates for regional economic development ecosystems
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1 Oct 2023
News
As a field, economic development has long recognized the benefits of businesses in clusters working together to support one another. How strange, then, that we often fail to fully implement the insights that underlie these theories in our own work.
Now more than ever, regional cooperation is the most fundamental building block for successful economic development, and nowhere is that truer than in rural areas. In this white paper, we reflect on some of the issues facing a changing field, lay out a vision of what strong support networks look like, examine some of the things that block them from being successful, and lay out a strategy for the development of a successful regional ecosystem. As a consulting firm dedicated to regional economic development, Northspan understands exactly how knitting these ecosystems together can create the regional dynamism necessary to act effectively in the current economic development environment. Vice President Karl Schuettler lays out the case for ecosystem thinking in our new white paper.
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