Economic Development Principles and Partnerships
The basic logic of our economy dictates that further economic development requires the cultivation and utilization of human creative capabilities. The principles of economic development—technology, talent, tolerance, and territory assets—offer a strategy for competitiveness in the creative age. Communities must establish ecosystems that develop new ideas and foster cultural, entrepreneurial, civic, scientific, and artistic creativity. This course serves as the entry point for this advanced diploma and will offer practical examples, case studies, and best practices for building creative, inclusive communities.
You'll Walk Away with
- The ability to identify why cities—the cradles of creativity, innovation, and human capital—are the drivers of economic growth and prosperity
- The expertise to catalog the critical assets, cluster traits, and functions that make a community (region, city, or nation) a good place for business formation and growth
- A framework for evaluating community competitive advantages and the effectiveness of economic development tools, such as incentives, grant programs, and partnerships
- An understanding of the externalities and social equity issues of the creative economy and the ability to uncover best practices for addressing them
- A grasp of how to pinpoint the characteristics of shared value between businesses and cities, and how to measure the impact on communities