Innovation-Driven Economic Development Model

By California Innovation Corridor (California Space Authority - WIRED Project), Posted 09/09/09

Link: http://www.innovatecalifornia.net/WIREDdeliverables/Innovation%20Driven%20Eco...

The Collaborative Economics organization prepared this report for the Bay Area Council Economic Institute, acting as subcontractor to the California Space Authority and their Workforce Innovation in Regional Economic Development grant (WIRED - Dept of Labor) to the State of California.  Its content can be summarized by the quote below (from a report of the Strengthening America's Communities Advisory Committee) that is highly applicable to global collaboration for economic growth in commercial space. 

"Globalization has fundamentally transformed the American economy.  Regions - defined by economic rather than political boundaries - are the new building blocks of prosperity.  In the 21st Century, America's communities will derive economic strength by acting regionally to compete globally.  Innovation and entrepreneurship are the new engines of job creation, productivity, growth, economic prosperity and healthy communities"  The Commercial Space Gateway is designed to help foster this strategy.