Archive for the ‘Incentives’ Category
Tuesday, October 11th, 2011
I am concerned by the economic development profession’s unflagging reliance on incentives as a “must have” negotiating tool. In my mind, we are playing a game of iterated prisoner’s dilemma. Companies demand incentives and your community must provide them or jobs growth will occur elsewhere. After all, without a competitive level of incentive offerings, how [...]
Tuesday, September 14th, 2010
This is a follow-up to my last blog post that suggested looking at time-to-market as an effective tactic in competing for capital investment. This post looks at four speed metrics (including time-to-market) that companies consider when internally calculating the value of the projects in their investment portfolio. An RFP response package that helps improve one [...]
Tuesday, September 7th, 2010
Lately, I have been reading some of the scholarly work on tax incentive as an economic development tool. I admit, I am perplexed why so many economic development organizations choose to compete with incentive packages for capital attraction, retention and expansion projects. The practice is clearly widespread and well entrenched, so there must be something [...]
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