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6.0. EDSR 08-19-2002
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6.0. EDSR 08-19-2002
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Feature Article-Seeding the Prairie-Minnesota Technology Magazine Online, Summer 2002 Page 1 of 6 <br /> yy p e�E <br /> e. <br /> MAGAZINE INSIDE TECHNOLOGY AND MANUFACTURING EIUSINESe <br /> A.r U LIC riON OF MINNESOTA TECHNOLOGY,INC liArmitakhirko. <br /> SUMMER 2002 <br /> FEATURE <br /> Seeding the Prairie <br /> Building a high-tech economy requires investments in infrastructure, <br /> but that's not all. Minnesota cities are finding that they also need <br /> cooperation, education, and the right culture to help tech businesses <br /> grow and prosper. <br /> By: Mary Lahr Schier <br /> Contributing Writer, Minnesota Technology magazine <br /> Whenever Steve Boland talks about high-tech business development, he <br /> starts with the local barbershop. Sure, your barber will never give a virtual <br /> haircut. Customers still need to plop down in the chair, but that doesn't mean <br /> the barber couldn't use technology to make appointments, get the word out to <br /> customers about specials, or reach out to new markets. Boland, who owns <br /> Decipher IT, a St. Paul-based "technology translation" business, has been <br /> working with several Minnesota cities to help them learn what they need to <br /> do to attract high-tech businesses, and with individual companies to help <br /> them figure out how to leverage investments they've made in technology. <br /> • "The ability to expand the marketplace beyond those who are geographically <br /> next to you has changed the ballgame," says Boland. That and growth in the <br /> technology sector have inspired many communities to seek ways to <br /> encourage the growth of high-tech companies. Despite significant declines in <br /> military-related employment, high-tech employment increased 22 percent in <br /> Minnesota between 1990 and 2000, compared to 13 percent growth <br /> nationally, according to the state Department of Trade and Economic <br /> Development. In addition, workers in high-tech jobs-those involving <br /> computers, telecommunications, medical and other scientific devices, <br /> chemical processing, and military equipment-added between 14 and 140 <br /> percent more value per hour worked. <br /> So, what does it take to make a city a high-tech haven? Connectivity may be <br /> the answer-both the kind you get from wires and cables, and the kind cities <br /> develop by forging connections in their business community. But it also takes <br /> luck, the right environment, and a dose of specialized help for high-tech <br /> firms. <br /> Collaboration <br /> In January 2000, Best Buy Corp., one of Eden Prairie's largest employers, <br /> announced it was moving its headquarters down the road to Richfield. It was <br /> a shock to Eden Prairie, a community that prided itself on being a go-go town <br /> with prestigious residential developments, great schools, and a thriving <br /> business sector bounded by 1-494, County Rd. 18, and the Crosstown <br /> Highway. <br /> • The Best Buy move sparked a lot of talk in the city about economic <br /> development. About six months after the announcement, a group began <br /> forming to consider how to ensure Eden Prairie's future as a safe haven for <br /> high technology. It included several big names in Minnesota tech circles: <br /> William Cadogan, now retired CEO of ADC Telecommunications was <br /> http://www.minnesotatechnology.org/publications/magazine/2002/Summer/feature_seeding.a:... 8/16/02 <br />
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