« The Great is the Enemy of the Good | Weblog | The Austin Model for Regional Economic Development »

Gentlemen, Start Your Engines: It's Conference Time in Austin!

The conferences have begun. Today was the first of a week full of meetings. At the University of Texas Thompson Conference Center, about 120 individuals gathered today for the Digital Regions infrastructure policy and regional economic development seminar, in anticipation of the World Conference on IT which will start on Wednesday. Conference Director Dave Gibson with the IC2 ("I-C-squared") Institute at UT, introduced his boss Dr. John Butler and Austin Mayor Will Wynn.

The subitlte of the conference is "Public Private Strategies for IT-Cluster Development in the Global Knowledge Economy. Today, the focus of discussion was activity in Austin and the "Austin Model," and tomorrow the discussion will focus on other regional models.

John Butler, Director of the IC2 Institute spoke first - his message was: "Regions will always be the center of economic devleopment." The reason regions are critical is that social fabric of communities involves trust networks, which drive job creation. In our case in Central Texas, since the early 1980s, technology transfer has driven economic development. We put Wealth and Job Creation at the center of our model.

Austin Mayor Will Wynn followed with a good detailed discussion about Austin and how economic development works now. The big news is that Austin won the largest capital investment project by a foreign company on US soil - in history - when Samsung decided a few weeks ago to build a $4B chip manufacturing plant in Austin. By this time, I'm feeling pretty proud of the region I call home. This win will have a huge economic impact on Austin.

Lots more, so stay tuned!

Posted on May 01, 2006 at 11:12 PM


Comments



Post a comment




Remember Me?

(you may use HTML tags for style)