This presentation outlines the seven principles of economic development and ways to think about innovation in the regional economy. It stresses the need to innovate as a product’s market power and earnings diminish along the product life cycle. The presentation closes with a discussion of the components of a successful regional innovation portfolio.
Hill, Edward W. and Gammons, Patrick, "Innovation in Economic Development, Ohio MEMS Association 2004 Economic Summit: The Business Case" (2004). Urban Publications. 0 1 2 3 9.