“Economic development strategy shifts dramatically when regional competitiveness is the goal. The very root of competitiveness is a region understanding its inherent economic strengths – and the markets available to exploit them. Accordingly, development strategy is moving away from industrial recruitment and being a low-cost competitor to strategies that help regions identify and exploit their distinct assets – things like human capital and scenic amenities.” – Mark Drabenshott, “Rethinking Federal Policy for Regional Economic Development,” Economic Review

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