Wednesday, January 25, 2006

Boundary-Breaking Collaboration

NorTech apparently has a remedy that might help Clevelanders break from spending too much time talking to oursleves. The regional cheerleader for technology-driven economic development is helping area business clusters deliver potential disruptive technologies by recruiting strategic partners with complementary skill sets.

Nano-Network, a division of NorTech, has launched an affiliate chapter in Albuquerque, New Mexico. This collaboration between disparate regions will focus energies and investments on the growing science of nanotechnology and its consumer and manufacturing applications.

Chris Mather, Nano-Network's executive director, told The Plain Dealer that the New Mexico chapter will be managed by Technology Ventures Corp., a charitable foundation that "links the investor community and publicly funded technologies" with commercial prospects.

"New Mexico is extremely different from and quite complementary with Northeast Ohio," Mather informed the PD in response to a news release. "Federal funding and research labs are considered to be among New Mexico's strengths, yet the state is weak in manufacturing and commercial companies, nearly opposite from Northeast Ohio."

Might this be the start of NEO's comparative advantage?


Blogger Daniella said...

Interesting idea, it reminds me of the old Sister City principle that was popular in previous decades. Usually it was not based on economic development but on cultural ties. This might be a better working model.

Thanks I like your blog and finally got around to add it to my blogroll.

7:25 AM  
Blogger The Full Cleveland said...

You're right. Our nation has a wealth of diversity that is too often taken for granted.

Partnerships like this leverage strengths and open windows to synergies that neither region can realize alone.

Thanks for the feedback.

10:36 AM  

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