The article addresses how organizations can make a difference in the success of economic development in their respective states. Together with Holstein, Weddle identified four main goals a city must achieve to reach its economic potential:
- Political savvy – learning how to achieve greater independence from the political cycle
- Bridging divides – overcoming the false divide between “smokestack chasers” and developers of indigenous technology-based clusters
- Codifying best practices – the ingredients that work and don’t work for technology clusters
- Breaking down silos – the final goal: overcoming the silo effect
The article highlights key takeaways that will aid economic development organizations in achieving success in their region, proving that the Silicone Valley can be replicated with the right amount of engagement.
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