Agricultural Economics Department

 

Cornhusker Economics

Date of this Version

December 2002

Document Type

Article

Comments

Published in Cornhusker Economics, 12/11/2002. Produced by the Cooperative Extension, Institute of Agriculture and Natural Resources, Department of Agricultural Economics, University of Nebraska–Lincoln.
http://www.agecon.unl.edu/Cornhuskereconomics.html

Abstract

Regional collaboration has always sounded like a good idea. The challenge was that it was hard to implement. From a business perspective, it was easier and more cost effective to make adjustments to your own business plan without asking for added input from other regional businesses, agencies and institutions. When times are good, you have the luxury of working independently. However, when you are faced with a general downturn in the economy and increased global competition, as many of the business sectors are today, you look hard for other ways of increasing efficiency. Some methods that could be explored may include old ideas with a new twist.

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