Policy makers and local economic developers could improve the economy by pursuing a strategy of cultivating existing businesses called "economic gardening," reports WWJ. Economic gardening enjoys widespread support from local governments across the state.
A report from the Center for Local, State and Urban Policy at the University of Michigan reveals that more local economic developers are targeting their efforts toward existing businesses rather than trying to attract new businesses to relocate in their jurisdictions.
To read the full, original article click on this link: U-M report recommends strategy of economic gardening to boost economy | MLive.com
Author: Jackie Headapohl