5 Online Trends Economic Developers Can’t Ignore in 2018

Chris Knight | 18/01/18  
Marc Andreessen said “Software is eating the world” and that is increasingly true. The most valuable businesses today are software companies that have replaced enterprises in older industries. Likewise, digitally-enhanced economic development organizations (EDOs) are making traditional ones obsolete. The most out-of-touch economic development professionals are either unaware this is happening, in denial of the change, or becoming redundant. For the economic development pros who plan to remain relevant, here are 5 online trends impacting the profession:

1. Small is the New Big


2. Place Over Property


3. Europe is Catching Up with USA and USA is Catching up with Europe


4. Virtual Reality Exploration


5. People Are More Important than Businesses and Robots are Replacing People