Economic Development Futures Journal

Tuesday, December 09, 2003

counter statistics

South Carolina Debates "Buffalo Hunting"

Economic development leaders in South Carolina have been debating the merits of business recruitment (buffalo hunting) as the state's primary economic development strategy. Some, including officials from the Palmetto Institute, say the state needs a new strategy that looks beyond recruitment.

What can I say, but this is a cyclical issue for all states. My take is that South Carolina should continue to give attention to business recruitment while introducing other strategies (clusters, entrepreneurship, and internal expansion) to keep the state's economy humming. This is not an either/or situation as recent news articles have portrayed it.

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