Job creation in Metro Detroit starts with regional collaboration

The cities within metro Detroit are not islands, though sometimes they act like they are. Economic recovery doesn’t lie with putting up borders and locking the doors; it may very well lie with outstretched arms and handshakes. Regional collaboration isn’t a dirty word — and a few Metro Detroit collabs are in the spotlight.Excerpt:Fostering innovation. One way we can nurture innovation is to more fully engage our universities as part of an economic development strategy. Wayne State University, the University of Michigan and Michigan State University recently formed the University Research Corridor to increase their economic impact. Combined, these universities already educate more students and conduct more research than the acclaimed Research Triangle Park in North Carolina. Detroit Renaissance is marshalling the resources of the corporate community to create a university-business partnership that helps attract business, grow research, retain talent, enable technology transfer and create new business sectors. This kind of collaboration and regionalism is required to transform our region into a future of renewed vitality. Read the entire article here.