October 11, 2012
Kate Pope Hodel, KCSourceLink
Economic Developers See Link Between Broadband and Economic Development
About half of the economic development personnel recently survey believe broadband can increase the number of home-based businesses. And about a fifth think their communities have insufficient speed to produce their desired economic outcomes, and have given up hope for a solution.
These findings come from a recent national survey of International Economic Development Council members conducted by Craig Settles, an expert in broadband business strategy and a frequent contributor to this blog. The primary goal of the survey was to see how Internet access speed impacts local economic outcomes, and also to gain insights on how to leverage broadband as an economic development asset.
A couple of statistics:
- 41% – 48% of respondents believe broadband can increase the number of home-based businesses
- 18% of respondents have insufficient speeds to produce economic outcomes listed and have given up hope for a solution;
Craig was able to find out lots more. Go to his post, Moving the Needle Forward on Broadband & Economic Development for a full summary and a link to the report.