The global shift to a knowledge-based creative economy demands new strategies for states to compete successfully. A state’s role in providing the infrastructure necessary for growth today goes beyond traditional definitions - roads, bridges, dams and air traffic control - to include a healthy arts and culture industry to animate regional economic development.
The Council on Competitiveness recognized back in 2005 that “from an economic development perspective, many communities are still pursuing the old, incentive-based strategies. These don’t work in a world in which firm success depends ever more on the quality of ideas and talent, and ever less on traditional infrastructure. In a knowledge-based economy, new strategies are required to support the prosperity of American workers
Clck HERE to download the “NEW ECONOMIC FUNDING INITIATIVE” from the Wisconsin Arts Board
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