Login | Staff | Feedback | Customer Service | RSS | Advertise | Subscriber Services
customer service

HomeBusiness NewsBusiness news

VIDEO: Innovation the key, state tourism-economic board leader says

Not being afraid to fail theme at Collier tourism annual meeting

Please download the latest version of Adobe Flash Player, or enable JavaScript for your browser to view the video player.

New on the board

The Economic Development Council of Collier County has elected its board of directors for 2008-09. Jeff Albritten; Trish Briebricher; Buddy Brunker; Tim Cartwright; Kevin Cooper; Michael Dill; Chris Doyle; Derek Eckleman; Kent Ellert; Tom Flood; John Gleeson; Brian Goguen; Richard Grant: Nicholas Healy Jr.; Chad Lund; Terry McMahan; Robert Mulhere; William O’Neill; Richard Pegnetter; John Pinholster; Liesa Priddy; David Rivera; Mark Schlehr; Julie Schmelzle; Carol Shaw, and Susan Takacs.

It’s not enough to just be innovative.

Like an Apple or Google, local business and economic development leaders need to strive for “game changing innovation” and not be afraid to fail, said Dale Brill, the director of Florida’s Office of Tourism, Trade and Economic Development speaking Thursday to a crowd of more than 100 at the Hilton Naples.

He spoke at the annual meeting of the Economic Development Council of Collier County, which has the mission of creating high skilled, high wage jobs.

“Innovation is where it’s at,” said Brill, a former marketing officer for VISIT Florida, the state’s tourism marketing arm.

When Brill was 26, he said, he started a magazine that was an “absolute failure.” He encouraged applause from the audience after telling them the story. A part of success, he said, is “being OK with failure.”

He said two of the most important factors in trying to lure companies to an area is ensuring a good quality of life and building an education system that is “second to none.”

“Don’t wait for government,” he said.

While economic development leaders often rely on government incentives to draw companies or encourage them to expand in an area, he said, it’s a hard game to win because it becomes about who can write the biggest check. He said the business community must work on its own to promote economic development, including investing its own money into projects.

It’s important to look at the successes of other communities in growing good high-paying jobs and to learn from them, he said.

One of the success stories in Florida comes from Orlando. Ray Gilley, president and CEO of the Metro Orlando Economic Development Commission, spoke about his agency’s role in attracting more than 150 biotech and life science companies to his area. They include the prestigious Burnham Institute for Medical Research, which recently expanded to Orlando from La Jolla, Calif.

To win the institute, private investors agreed to put up millions of dollars.

“We’re trying things and not everything we try works,” Gilley said.

The area also tried to land the Scripps Research Institute, a state-of-the-art biomedical research center, but lost out to Palm Beach County.

“We learned a lot from that failure,” Gilley said.

The goal, he said, is to position the Orlando area as “the world’s premier business location.” Progress is being made in an area, though its economy still relies heavily on the tourism industry driven by its theme parks.

Orlando’s Economic Development Commission targets various industries in its recruitment efforts including film and television, corporate headquarters and clean technology. But a big focus is on its biotech and life sciences cluster, which continue to expand. About 9,248 people work in these industries in the area, which generate about $2.6 billion in earnings, Gilley said.

Donations from businesses, foundations and individuals are also helping to build the

University of Central Florida’s new medical school.

The medical school and the Burnham Institute are both part of a 7,000-acre “medical city” known as Lake Nona. More than 700 acres of the mixed-use project, which includes residences, will be dedicated to the life sciences and biotech industries.

Comments

This site does not necessarily agree with comments posted below. Comments are the sole responsibility of the person posting them. Break our rules, and we will ban you. No exceptions, no second chances. Read our privacy policy & user agreement.




Post your comment
(Requires free registration.)

Username:

Password:
(Forgotten your password?)

Your Turn:


Clear

Currently: 58 °

Sunny
Hi: 72° | Low: 54° | Humidity: 77%
Wind: ENE at 4 mph
More weather » | Tide Charts »
Fun Time

Fun Time is moving this month to a new location, and we’d like you to share your favorite memories, stories and pictures of the little yellow building on the corner of Fifth Avenue North and Tenth Avenue North. Send us your memories »

Holiday Events in Southwest Florida
Local Charities share their Holiday Wishlists
Email the Governor

Love it, hate it, think the state should wait? Governor Charlie Crist has been getting an earful about the plan to lease Alligator Alley. Now's your turn. Tell the Governor how you feel! »

NIE Cruise Contest

Newspapers in Education provides newspapers, lessons, Web site activities and links for local schools and homes. Donate newspapers to kids and earn a chance at a four-night cruise for two in the Caribbean! »

Swimsuit Edition 2008

It’s with great pleasure that we introduce Swimsuit 2008, our third annual swimwear edition. We take pride in the fact that all models involved are from right here in our community. This is where they live, work and play. Check it out! »