icon:
... a graphic or
image. For example, the dot
network logo is a visual
indicator of The Network that maintain
this glossary online for your use. See graphical
user interface.
improvement strategy:
... an initiative for change for
the better; a plan for moving towards a higher level of excellence within
an enterprise. Most change
initiative strategies are intended to bring about
quality output (quality
systems). In the final analysis the value of improving
is measured in terms of the willingness of customers
to accept an organization's products or services.
incentive:
... a motivational offer intended to persuade
a prospect see taxes
and incentives. An economic development
marketing consultant once reported from a study that ... information
on available incentives ... is
a most useful feature at the websites of area
and local development representatives, suggesting
that they promote themsource.
incubation
center:
... a place that catalyzes enterprise development;
a haven for starting up new ventures, especially ones that
utilize technology transfer, that help them get to the
point that they can stand on their own. The best definition
of technology transfer as used here is available
in the
Research
and Development Themes Glossary of the Northeastern
Research Station, USDA Forestry Service which states that
it is the (moving of ) ... ideas, information, methods,
procedures, techniques, tools, or technology from the developers
to potential users. ... (methods) include
scientific publications in peer-reviewed journals, articles
in management-oriented publications, computer programs,
training sessions, tours, workshops ... The website
www.nbia.org answers
the question: What is business incubation?.
indirect labor:
... workers who do not contribute directly to
the added-value of goods but whose work may be necessary
and included as a cost of producing them.
industrial asset
... whatever is owned by an enterprise, other
than a utility, transportation service, or financial company,
that produces and/or distributes goods or services that
is convertible to capital.
industrial bond
... AKA industrial development bond (TIAA-CREF
Brokerage Services Investment Glossary offers a
definition). An IDB is is a
promissory note issued by government, often by a
development agency, to finance a project of a private
enterprise in return for the benefit of the tax revenues
it producessee
industrial revenue bonds.
The private enterprise pays the bondholders, not the
issuer. IDBs may also be issued for public
works projects which
are
deemed
to be important for local
or area
developmentsee
public
purpose bond defined by AllBusiness.com. Also,
see private
purpose bond for added information.
industrial development:
... enterprise development
in the areas of manufacturing, distribution and production
using assembly and technical skill applications; the focus
on finding and serving the type of economic
development prospect that can create jobs for
production workers or hourly workers as opposed to professional
workers or salaried workers; economic
development exclusive of commercial, tourism and community
development.
industrial doctrine:
... a statement, rule or principle set forth
as something to believe or follow as it relates to
the production and sale of goods. There are various doctrines,
for example, at a 2004 symposium hosted by the
Canadian Commission for UNESCO the following statement
was made: ... the Western industrial doctrine of materialism
is leading
to “inevitable
ecological and civilizational collapse.” (source).
One .network glossary definition under
the keyword labor indicates that ... reducing
the number of employee positions of any given enterprise
by introducing tools and technologies that can produce
more for less cost and improve quality output in the process
... is an industrial doctrine. (source).
For more information copy and paste "industrial
doctrine" in search
box at top
this page.
industrial enterprise:
... a manufacturing, distribution, or warehousing operation
as an entity that accommodates the direct or indirect exchange
of goodssee
the definition of enterprise.
industrial location work:
... site
selection done for an industrial
enterprisemore. Industrial
location is an expression sometimes used to describe
the event of an announcement at the end of a site selection
project. It's the occurrence of industrial development
in a location.
industrial park:
... A real estate site having a designation and
development plan specifically for the clustering of
manufacturers, distributors and sometimes their suppliers
or service providers on leased or purchased parcels of
land or in available
buildings.
industrial real estate:
... industrial property; a site that
produces income through the manufacturing or distribution
operations located on itsee real
estate. A zoning classification. Real estate zoned
for or used by a industrial enterprise.
industrial revenue bonds
... (IRB) AKA industrial
development bond. An
IRB is a tax-exempt bond issued by a government
to
fund private industrial or even commercial enterprise development
for public good. IRBs are used to finance fixed asset
acquisitions such as land, buildings
and equipment. They may be used for renovations as well
as new construction. The
ability and willingness to issue such bonds is considered
to be an economic development
incentive.
industrial revolution:
... a far-reaching, drastic change in the way
people produce goods and are compensated, thus causing
a culture to become different than beforeabout
the Industrial Revolution from Wikipedia. Search
the Web for definitions of industrial
development and you will
find many references to the Industrial Revolution. The
practice of industrial development as a pursuit of opportunities
for locations was
brought about as direct result of the Industrial Revolution.
When a local economy began to shift
from its industrial base the industrial developer became
an economic developer. Use of the term economic development
can be traced back to Joseph
Schumpeter (1883-1950)more
about his Theory of Economic Development.
industry classifications:
... a list of types of enterprise operations
created under the term industrial (industry).
Industrial classification is the act of organizing a list
as describeda
grouping of types of enterprises, for example, the North
American Industry Classification System. The general
classifications are manufacturers and
commercial distributors of manufactured products.
information age:
... The Information
Age. Worldwide television
broadcasting ushered in The
Information Age; however,
the computer and the Internet* are its icons, the latter
making it possible to introduce
the online
information service as
a powerful force in a global economy. The Network is
an example of an online information service that has
stayed the course of its original commitment to
be a free-access, nonpartisan, resource for those who
use the Internet as enterprise
developers and site
selectors as well as those who have an interest
in economic development.
information highway:
... analogous comparison of a communications
network to a travel-waya
well-traveled road to information. The weaving
of the web and advent of the Internet kicked off
use of the term. EdWeb by Andy
Carvin is online
with The
Information Highway: History, Vision and Issues.
The Information Superhighway,
for example, makes it possible for places wanting economic
development to provide location
data
in a more effective way. It
especially levels the playing field so that less well-heeled
local economic development organizations can compete for
the attention of prospects.
information crossover:
... a virtual point of interchange between two
online references having an equivalence of information
in terms of correspondence and application. For example
the hyperlink in
the definition
of site selection that, in effect, switches
to the definition of location work or, conversely, the
link in the definition
of location work that switches to a site selection
page in Site Location Assistance.comthe
SLA website is one of three hubs in
a network. Because The
Network operates with a mission that is the same
for three websites, links work
as crossovers. In other words The Network is on
the Information Highway with
three parallel lanes (websites).
Users switch back and forth between them as needed. Crossovers
are facilitators for information
resources online that serve the movement of their
content.
information resource online ... see online
information service.
information technology:
... IT; Information Age term
that covers the use of computer
hardware and software everywhere. Wikipedia
offers more details and quotes
from the Information Technology Association of America
(ITAA) definition. Wikipedia also
explains the term Information and Computing Technology
(ICT) and its relationship to IT also. IT is defined here
to emphasize that sound business decision making begins
with having information. Enterprise and economic development
are both processes of that require input from the business
decision maker.
infrastructure:
... everything considered together as elements
that make up an underlying foundation or basic framework
of something, such as a corporate
infrastructure which essentially defines a system
for operating. A community infrastructure is everything
that exists in support of its vitality. To learn more about
community
development and infrastructure:
CLICK HERE.
in-house:
... activities inside, for example, it can be
said that the work is done in-house when employees themselves
do everything to make their organization function.
in-migration:
... the movement of people into an area to reside
theresee demographics.
institutionalized economic development:
... a highly structured, well-established, often
inflexible system that is suppose to sustain and/or increase
the vitality of a location.
A term closely associated with capitalism and economic
globalization, it signals ineffectiveness when prevalent
within a area or local
development program. Institutionalized economic
development can lead to bickering and polarization within
a community as
its growth or economy goes into decline. Nonpartisanship
and innovation are the first victims of institutionalization.
For example, when a community accepts as standard an observation
of how economic
development is handled somewhere else, without giving
consideration to what strategy or approach best suits its
own needs, the chances of success are lessened. The example
points to what is known as the me-too or herd
mentality approach.
intellectual property rights:
... lawful recognition of entitlement to information
(intellectual
property) created by its its originator as
reflected in patents, copyrights, and other proprietaries;
legal administration of proprietary information during
the process of its exchange for acknowledgement
or compensation. As an online
information service,
The Network collects and publishes resources for
use by those who are interested in
its
mission. Free access is provided to all users of The
Network,
which publishes
contributions of resource papers
articles, comments, and critiques without cost or obligation.
No claim is made on ownership of resources accepted and
made available through the The Network. Acknowledgement
is offered in exchange. In other words, The
Network does
not encroach on intellectual property rights.
intervening employment opportunities:
... acceptable employment opportunities available
that shorten commute-time.
investment:
... something deemed to be of value that is purchased
for capital appreciation
or income production; the announcement at the end of an economic
development project that indicates its value to
the community;
that which an economic
development organization seeks to
bring in from the outside to place(s) it
representssee reverse
investment.
investment capital:
... money (investment)
that goes into the startup of
an enterprise or venture.
investor:
... an individual or group that bankrolls or
backs a venture or operation with capital or something
of value in exchange for a share of ownership or other
form of return. A value investor is someone who seeks an
increase in value over a period of time. A speculative
investor is someone who takes a higher risk than most.
All investors expect an ROI (return-on-investment).
ISO:
... an organization that strives to establish/control
standards around the globe (International Standards Organization).
An ISO network is an exchange that exists to communicate
standardization data, for example, one that exists to help
assure standards for containers that move throughout the
world via ships, railroads and trucks. An example of a
type of ISO that is more of an advocate than regulator
is the International
Economic Development Council which urges its members
and others to use standards set forth by a development
alliance.
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