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Chamber Executive Article Archive

A Tale of Two Approaches

Chris Mead

The economic development world seems to be split into two camps: those who want primarily to sell their community to relocating or expanding companies—the traditional approach —and those who want to build the community up from within. The traditional approach has had some bad press in recent years, with “smokestack chasing,” “buffalo hunting,” and worse being said about those trying to attract companies to their cities or towns.  But, as is so often the case in life, neither side is completely right or wrong.

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