Today, economic development is complex and fast moving. For this reason, it is important to get your bearings in a networked economy. The Innovation Framework (provided courtesy of Ed Morrison) is a simple map of five areas of investment for prosperous, sustainable communities.
The questions below help us to think about our orientation in a networked economy (where we are on the map), our relationship to other enterprises on the map, and where the gaps are - the new innovation opportunities.
Here are questions to consider in the orientation of your business in a networked economy:
- Locate Your Work on the Innovation Framework Map
- Which area on the map does your work connect to?
- Enhancing Brainpower?
- Building Innovation & Entrepreneurship Networks?
- Enriching Quality, Connected Places?
- Ensuring Dialogue & Inclusion?
- Marketing and Branding?
- How is your work connected to economic development?
- How does your work contribute to prosperity and legacy building for future generations?
- Thinking Broadly
- What is the intent of the activity involved?
- What do business leaders need to know, be mindful of, and why?
- How is every citizen affected?
- What is the impact on the community? The region?
- Looking into the Future
- From your perspective, what is the next biggest opportunity for your community, or region?
- How is this different from what exists?
- What does the opportunity look like? Who would be involved? What are the first next steps?
- What is in your way of success?
- Related Industries
- Is this idea made up of more than one industry sector?
- What sectors are closely related and considered indispensable?
- What sectors are needed for their services, and considered external?
- Networks
- Who would you like to be connected to, but are not?
- Who do you envision helping you?
- What skills do you need to connect to?
- What are your next steps?
- Resources and capabilities
- What resources do you need, but do not have access to? People? Places? Tools?
- What assets do you have? What can you share?
- What organizations or institutions could contribute? How?
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