Integrating the Practices of Urban Planning/Design and Economic Development (March 2015): This paper was prepared as background for a convening of national experts to explore how the fields of urban planning/design and economic development can better inform each other in practice in the context of the changing global economy and its effects on urban growth form. Developed by RW Ventures, LLC, Urban Planning and Design for the American City and Metropolis Strategies, the paper compares the fieldsÕ goals, frameworks, tools and activities Ð including through applications to particular types of new 21st century urban challenges and opportunities Ð and raises a set of new issues and suggestions for greater and different collaborations between the fields.
Market-Based Development to Win the War on Poverty (June 2015): Prepared for the Chicago Federal Executive Board, this presentation assesses the nation’s progress over the last 50 years and suggests a new framework for winning the “War on Poverty.” Finding that welfare programs have significantly reduced absolute poverty but are inadequate to combat rapidly growing relative poverty, the presentation proposes a new market-based approach that leverages, rather than supplants, next economy markets to bring under-invested people and places back into the economic mainstream. The presentation concludes with principles for designing the federal government’s role in this new effort.
Inclusive Regional Economic Growth (November 2014): This slide deck, presented at the 2014 CEOs for Cities National Meeting, highlights the economic imperative, and offers a framework, approach, analysis and examples for better achieving both prosperity and equity by aligning growth and inclusion. The presentation builds from a convening and ongoing coordination, facilitated by RW Ventures and supported by the Ford Foundation, of leading practitioners building the practice of inclusive regional economic growth around the country.
Paper on Inclusive Regional Economic Growth (June 2014) Developed for the June 2014 Convening on Inclusive Regional Economic Growth at the Ford Foundation, this framing paper captures findings from interviews of attendees and other leading practitioners to provide a baseline assessment of the emerging practice of Inclusive Regional Economic Growth. The paper describes underlying changes in the “next economy,” including the inclusive growth paradox and imperative; provides an economic framework for identifying key challenges and opportunities for aligning growth and inclusion; highlights innovations and issues in the emerging practice; and offers observations about how to better coordinate and scale the practice.
Remarks, Connecting to Markets Series: Neighborhoods and Housing Markets (January 2012): Bob Weissbourd delivered these remarks as part of the “Connecting to Markets” series sponsored by the Institute for Comprehensive Community Development, the Urban Institute, and the Federal Reserve Banks of Boston, Chicago, Houston, Los Angeles, Minneapolis, Pittsburgh and San Francisco. The speech makes observations about the macro- and metro-economic contexts, and then turns to the implications of these trends for the main topics of the day: neighborhoods, housing markets and the foreclosure crisis.Download Documents
The Chicago Region’s “Green” Economic Opportunities (January 2012): This report, written jointly by RW Ventures and Innovation Network for Communities, explores opportunities for Chicago area firms arising from the increasing market demand for energy and resource efficient products and services. The first part of the report describes the project’s cluster approach, outlining the theory behind cluster-driven economic growth and identifying the particular criteria used to select promising clusters for the project. Using these criteria, the report narrows from many green sectors of opportunity to the one—energy efficient lighting—ultimately chosen to illustrate green cluster development. The second part of the report digs deeper into the energy efficient (EE) lighting sector, providing an overview of the industry and its current trends and dynamics. The report ends with recommendations for development of Chicago’s EE Lighting sector as well as strategies for regional green economic development more broadly. Also available for download are an executive summary of the report produced by Metropolis Strategies and a copy of Bob Weissbourd’s presentation based on the report.
The Energy of the Future for the Economy of the Present: Business Opportunities in the Green Economy (September 2010): This presentation (available in both English and Italian) for a regional business conference in Rovereto, Italy describes the growing market for “green” products, identifies business opportunities and sustainability strategies and offers suggestions for regional green strategy development.
Market Development for Building Energy Efficiency Retrofits (December 2008): This concept paper, reporting on a project collaboratively developed by RW Ventures and O-H Community Partners, offers recommendations for catalyzing the emergence of a large-scale market in building energy efficiency retrofits in the Chicago area. Reflecting input from a diverse group of national experts and market stakeholders, the paper offers a preliminary look at potential market development strategies, including new information and other products and services to reduce transaction costs and enable the market to value the retrofits; institutional models and strategies for implementation; and complementary activities from the civic community and government.
Innovation Remarks, Urban Markets Initiative (October 2007): This speech was delivered by Robert Weissbourd as part of a plenary session on Innovation at the 2007 UMI Forum. The speech addresses the barriers and opportunities for innovation in the economic development field.Download Documents
Into the Economic Mainstream (Fall 2006): This paper and related presentation, prepared for Opportunity Finance Network and CFED, introduce a new framework for bipartisan economic development policies, centered on the idea of “inclusionary growth".
Market-Based Community Economic Development (Fall 2006): This presentation outlines the theoretical framework for market-based community economic development, including a discussion of how market-based strategies work and when they are most effective. The presentation also provides examples of how the framework can be applied to development practice in the areas of retail and financial services.
UMI Discussion Papers (Spring 2005): These two complementary papers written for the Brookings Institution’s Urban Markets Initiative examine the role of information resources in spurring markets and creating investment strategies to boost urban neighborhoods. The papers offer a framework for market-based community economic development, presenting business-planning tools for inner city communities.
Valuing Neighborhoods, Driving Change (December 2002): In planning its activities for the next decade, Living Cities commissioned RW Ventures and the Brookings Institution Metropolitan Policy Program to undertake the design phase for a ten-year project that would invest in information to drive inner-city market investment, asset-building, and policy reform. The work presented in this report resulted in the creation of the Urban Markets Initiative.
“Banking on Technology: Expanding Financial Markets and Economic Opportunity (June 2002): This paper, co-sponsored by the Brookings Institution and the Financial Services Roundtable, examines recent technological advancements and other profound changes in the financial services industry and identifies how these changes create a prime opportunity for the industry to profitably reach out to lower-income consumers. A range of information, access, policy, and other issues can be addressed to improve market functioning, and help bring lower-income consumers into the economic mainstream. Financial services providers are recognizing the benefits and viability of reaching out to lower-income consumers and are creating new partnerships and new products to respond to their needs. The paper closes with recommendations on how best to address the barriers, accelerate the emerging market response and bring it to scale. One of these recommendations led to the business planning and creation of the Center for Financial Services Innovation at Shorebank.”
The Market Potential of Inner City Neighborhoods: Filling the Information Gap (March 1999): This paper examines how current information, primarily dependent on federal data sources, fails to accurately convey the opportunity in inner city economies. It then suggests how building business-based data and models can address these information imperfections, and help bring new investment to America’s most distressed communities. The paper closes by suggesting ways that private sector leaders can work with the federal government and community organizations to improve data and market expertise and profitably invest in urban neighborhoods. The work reflected in this paper led to the creation of MetroEdge.
Rebuilding Community: The Entrepreneurship Project (February 1994) : Prepared by Kansas City Neighborhood Alliance and Bob Weissbourd (when at Shorebank Advisory Services, Inc.), this “Start-Up Business and Implementation Plan” describes a project to open a loan production office and engage in other activities to support emergence of a private sector market of “ma-pa” rehabbers to revitalize the private housing development market in a targeted neighborhood of Kansas City.
© 2005 RW Ventures, LLC