By Ed Morrison, EDPro
One of the paradoxes of globalization is that our rural economies have multiple new opportunities to build wealth.
The expanding role of entrepreneurship in rural economic development, combined with the emergence of smaller towns, open up new horizons for rural economies. (On the emergence of smaller towns, see Jack Schultz’ book, Boom Town USA.)
In addition, new biotechnologies create opportunities in agribusiness development. Here’s an example, in Amarillo last week, civic leaders held a conference on BioEconomics. Read more. This approach to development has been discussed in international development circles. Read more.
Oklahoma just held an aerospace conference. Any other examples of new technology creating new opportunities in rural areas?
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- How a ghost town made something from nothing with a folk festival - September 3, 2021
- Rural business idea: sell foraged fruits and more - August 3, 2021
- Best practices for rural housing - July 19, 2021
- How to be more open to new ideas #IdeaFriendly - July 3, 2021
- Market your small town as a movie filming location, attract movie and game fan tourists - June 28, 2021
- Survey of Rural Challenges 2021 results, analysis of themes from 2015 through today - June 7, 2021
- What makes a small town a micropolitan or nanopolitan? - May 22, 2021
- Improving Rural Housing: turning blighted dilapidated houses into new homes - May 7, 2021