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economic development basics / browse all glossary files [ go back ]

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economic development basics:

... the body of knowledge that those who are engaged in economic development are expected to possess; the product of an examination of a definition of economic development that shows items of its functionality or steps along the course of its process as applied in specific instances of opportunity; The pages-in-series in Economic Development.net that begin with About Economic Development. The series is an easy to use learning tool that could be titled, A Guide to Economic Development.
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economic development data supplier:

... a person or organization that provides information (resource provider) within the context of any one of the definitions of the process found among a collection from various sources in About Economic Development (Economic Development.net). The data supplied ranges from statistics to specific facts. In the latter case, for example, specific facts may be information presented by a location development representative in response to an economic development prospect presenting selection criteriadashsee location data supplier.
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development data suppliers as providers of information about locations using

economic development data standards:

... an item of economic development functionality, given that many practitioners (economic developers) as information providers seek continual improvement in the ways in which they as a group serve prospects. Information provided, for example in location packages, to prospects by area and local development representatives is often referred to as economic development data. Adding the word standards is simply a way of acknowledging that everyone agrees on the composition of a set of informational itemsdashsee, for example, the definition of site selection standards. As a general rule the expression economic development data, meaning location data offered by a place of interest to a prospect, is the same as site selection data.
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definition of economic development standards for producing community profiles

economic development resource:

... someone or something drawn upon for assistance, services or support in order to give vitality to economic development efforts. An economic development resource may be information. For example, an important area in which such resources are needed is that which serves economic development prospects. In any case, the resource provider is at the heart of it all. Resource providers are advisors, teachers, mentors, politicians, community leaders and practitionersdashthe list goes on and on. There is The Resource Report, a newsletter to which .network users freely submit comments and critiques as well as contribute papers in order to share information and links that help make economic development happen.
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development resource for example an online economic development futures journal

EDA:

... initials stand for Economic Development Administration (US Department of Commerce). The link in the previous sentence goes to the EDA definition of economic development. What You Need to Know About Your Economic Development Administration is an online PDF file. CLICK HERE for the EDA home page.
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what does the acronym EDA mean ED stands for economic development

ED2ED:

... A play on B2B meaning Enterprise Development To Economic Development; i.e., enterprise development leads to economic developmentdashsee the definition of enterprise and economic development. As a palindrome turned into a anagram that stands for Economic Development to Enterprise Development it translates into a statement that says economic developers, for example in position as location data suppliers, serve enterprise developers by providing them with information about places of interest. An acronym could also be B2ED, meaning that business startups, expansions, relocations, and other growth or continual improvement activities bring about economic development.
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elements of economic development information:

... a list that sets a standard for economic developers to organize data with location data categories, say, for a prospect; items delineation by a hierarchy of categories having a subset of data identified under each which together guide area and local development representatives on how to produce something such as a community profile or fulfillment package. Also, in the tool box of Site Location Assistance.com links to guidance on organizing to provide information and site location assistance are available. Included are example of elements of economic development information typically found on forms and questionnaires that resource and service providers use to gather information from prospects.
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definition of elements of economic development information defined

CLICK HERE for a list of types of suppliers of information about locations.
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want development should address all elements of information wanted by prospects

location data categories:

... the standard hierarchy of informational items that area and local development representatives are generally expected to address when providing location packages or to include in their community profiles. Likewise, the breakdown of typical informational wants that prospects have about places of interest. The Resource Report, 2003.3 lists 29 items of consideration for gathering information from places of interest that cover all of the the most-used location data categories.
definition of location data categories as site selection standards typically have
data categories of economic development data definition of location data category

CLICK HERE for a list of types of suppliers of information about locations.
what are elements of economic development data used to promote places that
want development should address all elements of information wanted by prospects

site selection resource:

... something that can be used to assistance, service or support location work, for example, information about a place of interest to a site selector; a person or organization (resource provider) in position to provide assistance, services or support for a effort to find a location for starting up or expanding an enterprise.
definition of site selection resources definition of site selection resource definition of site location resource definition of site location resources
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