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Center for Regional Economic Issues (REI) Summary V.2.4

Center for Regional Economic Issues (REI) Summary V.2.4

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The REI Summary was created by a team of people from the Center for Regional Economic Issues (REI) at Case Western Reserve University in the Spring of 2005. This document provides an overview of the transformative work begun at the Center from 2003-2005 under the leadership of Ed Morrison, then Executive Director, REI.

The REI Summary tells the story of the important role of colleges and universities in regional economic development. The Summary provides a clear picture of the objectives, activities, and results of investing in a small team of research and practitioner leaders in Source Economic Development at a University to accelerate regional transformation.

Working with community leaders and consultants, the REI team - Ed Morrison, Betsey Merkel, Susan Altshuler, Matt Kozink, and Dennis Coughlin - coached, mentored, and trained leaders from business, civic, academic, and government to understand how to work in open systems, and to build open economic networks to increase regional social capital and strengthen emergent industry clusters in Northeast Ohio.

The Institute for Open Economic Networks (I-Open) is a not for profit spin off of REI. I-Open is based in Northeast Ohio and continues to work in collaboration with colleges, universities, libraries, organizations and government with citizens to advance regional transformation.
The REI Summary was created by a team of people from the Center for Regional Economic Issues (REI) at Case Western Reserve University in the Spring of 2005. This document provides an overview of the transformative work begun at the Center from 2003-2005 under the leadership of Ed Morrison, then Executive Director, REI.

The REI Summary tells the story of the important role of colleges and universities in regional economic development. The Summary provides a clear picture of the objectives, activities, and results of investing in a small team of research and practitioner leaders in Source Economic Development at a University to accelerate regional transformation.

Working with community leaders and consultants, the REI team - Ed Morrison, Betsey Merkel, Susan Altshuler, Matt Kozink, and Dennis Coughlin - coached, mentored, and trained leaders from business, civic, academic, and government to understand how to work in open systems, and to build open economic networks to increase regional social capital and strengthen emergent industry clusters in Northeast Ohio.

The Institute for Open Economic Networks (I-Open) is a not for profit spin off of REI. I-Open is based in Northeast Ohio and continues to work in collaboration with colleges, universities, libraries, organizations and government with citizens to advance regional transformation.

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Published by: Institute for Open Economic Networks (I-Open) on Jan 19, 2010
Copyright:Attribution Non-commercial

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02/16/2014

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Ed Morrison has developed a new model for regional economic development, Open Source Economic Development. The
Open Source model views economies as networks embedded in other networks. The model provides the analytical tools
that civic leaders need to build open innovation systems in regional economies. These open innovation systems are also
called “clusters”.

The Open Source model posits that competitive regional economies need collabora-
tions in the following areas:

•Building brainpower;
•Translating brainpower into wealth through entrepreneurship and in-
novation networks;
•Building quality, connected places to attract and retain talented peo-
ple;
•Promoting the story of the region through effective brands; and
•Building strong civic habits of purposeful dialogue.

REI is developing tools to assist civic leaders in implementing this
model within neighborhoods, communities and regions. In the past
year, REI has organized the economic development discussions around
this approach in East Cleveland, the Cuyahoga County Commission and
the state of Indiana.

REI aligns all of its activities with the Open Source model. Morrison distributes

the Open Source model under a Creative Commons license.

Case Center for Regional Economic Issues

20

Brainpower

Quality,
Connected
Places

Innovation
Networks

Purposeful
Dialogue

Branding

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