U.S. Economic Development Administration Offers Oregon's Portland State U. Research Grant
10/19/2010
"A metric for identifying the impacts of economic development initiatives on regional economies is essential to strengthening our nation's competitiveness," said U.S. Assistant Secretary of Commerce for Economic Development John Fernandez. "This EDA grant will enable policymakers and practitioners to effectively understand how to assess the triple bottom line of various economic development activities."
Triple bottom line accounting, which is readily used by corporations, is not as common among economic developers. This method considers economic costs and advantages, as well as environmental and social effects. Portland State University will publish its research as an interactive Web tool and published report.
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