High Tech Parks and Need for Manufacturing and Service Base

Economic development corporations across Americano support to and therefore the later moved out of
are looking for ways to revitalize their local economies.your region taking the jobs with them and leaving you
They wish to provide higher paying jobs, cleanera big giant vacant building. This of course does not
industries and monetary inflows. This of course is aserve your regional economic vitality.The service
great goal for a regional economy, however economicsector is essential to any high-tech industry whether it
development agencies would be advised to carefullybe E85 ethanol research development or the latest in
study from which new industries in which marketRFID chips and components. And by service sector, I
sectors they recruit.High-tech office parks oftenmean everything from inert gas distributors to next
provide higher paying jobs, which is a boost to the localday shipping suppliers. The high-tech company or a
economy. Indeed, it would be great to have all localgroup of companies set apart in a brand-new
jobs with high salaries. In economic developmenthigh-tech office park will need such a support structure
associations they need to consider that if they areto function, take advantage of the market and give
willing to recruit high-tech industries they will need toyou in your region those high paying jobs that you are
have in place prior to do business is moving in a goodtrying to recruit for.So often economic development
manufacturing and service base economy. High-techassociations will go out of their way along with city
business parks need support businesses in ancillarycouncils to give away tax credits, provide local
industries to carry out their missions.Simply attemptingfinancing and even the initiate college courses at the
to recruit high-tech companies in the latest andlocal college to provide additional job base for the
greatest industry is not necessarily the best way to go.region. Simply running out and trying to recruit
Just because bio-vaccine-tech is in this week orcompanies there and vault in the latest and greatest
carbon nano tech is in; in the future, does not meannew technologies to put your region on the map and
that these technologies may not be leapfrogged byfor something else for you to tout is a dangerous short
another technology. Or that another regionterm tactic, which can backfire on your economic
somewhere else in the world or the country will end upgrowth, as well as costs at local taxpayers billions of
the mainstay for that particular industry.Let's take fordollars in giveaways.I urge every economic
instance Silicon Valley where all the computerdevelopment association across America to take a
companies had set up. If you were an economichard look at what is truly feasible and what is not
development association trying to get going andfeasible and rather than make your decision on pie in
focused all your efforts all the computer industry atthe sky, look at the supply chain needed for those
that time you may have run into the few problems. Forbusinesses to succeed, prosper and inevitably win the
instance you might have missed out completely on themarket. You must consider this a team effort and you
incredible growth if you got in too late or you maymust commit yourselves to be in it to win it. Please
have recruited a few very good companies, which hadconsider this in 2006.