A follow Up to THE NEW ECONOMY: A GUIDE FOR ARIZONA

The New Economy:
Policy Choices for Arizona

A Follow-Up to The New Economy: A Guide for Arizona

In October 1999, when the Morrison Institute published The New Economy: A Guide for Arizona, we anticipated that, given the opportunity, the state's residents would suggest some great choices for Arizona in the new economy.

Since then, we have found that Arizonans understand the need to focus on people and places and to transition rapidly from the old economy to the new one.

In the next report, The New Economy: Policy Choices for Arizona, we present your choices, along with some of ours, for further discussion and to inform a basis for action by leaders and residents across the state.

Making the Right Policy Choices for the New Economy
	Invest in New Ideas and Knowledge: Research & Development Give state an R&D role, Target world-class scientists/researchers, Focus on academic centers of excellence, Promote private R&D, Encourage new economy start-ups
	Show Us The Money: Venture Capital Diversify state's high-tech base, Use state pension fund dollars
	Workforce Development: Making the New Economy Work for Everyone Give every child a strong beginning, Continue K-12 improvements, Make academic standards a success, Increase scholarships and financial help, Put more choice/information in worker training, Offer training tax credits
	Come Together: Strategic Alliances for a Competitive Advantage Learn how innovation works, Support cluster organizations, Network with "gazelles," Create "cyber-districts," Reinforce regional alliances
	Work Smarter: Using Technology Wisely Foster access and technology use, Put more technology in schools, Create bold E-learning initiatives, Add technology transfer to university missions, Transition all businesses to new economy, Resist old economy temptations
	Place Matters: Investing in Quality of Place Be honest about your assets, Don't sacrifice quality of place, Be fast and flexible decisionmakers

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