Actually, "economic gardening" (EG) is NOT a new frontier. It has been around for 20 years....and preliminary results and successes are incredibly encouraging. I believe this approach has much more potential and much less downside than the traditional economic development strategy of industrial recruitment. For a good overveiw of EG and its potential.....as described by the Federal Reserve Bank of Atlanta go to http://www.frbatlanta.org/invoke.cfm?objectid=4AA2C253-5056-9F12-12D9273D84A914EB&method=display_body
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