Technology-Led Economic Development: Training Manual
Technology-Led Economic Development: Training Manual
This manual focuses on the competitive advantage of regions and the role of economic developers and community stakeholders´ in building an innovation ecosystem. It is important to understand the process of technological commercialization. Readers will be introduced to the legal and financial framework for bringing an innovation to market, including technology protection and product licensing. You will learn how to partner with government, industry, higher education and the private sector to create a highly integrated network of technology and innovation. Many case studies are presented to explain the role of business incubators, accelerators, venture capital, angel networks, gap financing and more.

Designed to provide economic development practitioners with an enhanced understanding of technology development, this manual provides practical tools to prepare and implement a technology strategy in one’s own community.

Specifically, the Technology-led Economic Development manual will help you to:

- Identify the characteristics of technology firms;
- Determine the needs of technology firms and talent;
- Learn how innovations move to the marketplace;
- Identify methods to grow technology businesses;
- Analyze the financing needs of technology business;
- Review patent, copyright, trademark and licensing terms;
- Develop incubators, accelerators and research parks;
- Review multiple financing mechanisms for technology businesses;
- Explain debt vs. equity financing options for entrepreneurs and small businesses; and,
- Explore rural technology-led economic development strategies.
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