Traditionally, local economic developers have sought growth by trying to lure businesses from outside a region — so-called "economic hunting." Hunting can produce big economic gains, but it poses lots of challenges: It’s slow, uncertain and usually requires big marketing budgets and travel along with a raft of local and state incentives. It also may end up attracting highly mobile companies looking for the cheapest place to do business at the moment — and willing to leave for another town as soon as they believe the grass is greener elsewhere.
To read the original article: 'Economic Gardening' Is New Buzz Term - Economic Development - - Florida Trend