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Survey Says!? Broadband Impacts Economic Development.

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In March this year, in partnership with Broadband Communities Magazine, host Craig Settles conducted a survey of local government administrators and staff, service providers, consultants and others involved with broadband projects. What they have to say in Craig Settles' report, The Gigabit city & Economic Development, could directly influence your community’s efforts.

Magazine Editor Masha Zager joins us to analyze what survey results mean to your community. 60% of respondents say fiber networks attract business, 54% say it increases home-based businesses. Nearly half feel 20 – 120 Mbps is minimum needed to impact certain economic outcomes. Only 7% see “searching for a job” as the greatest benefit broadband offers individuals.

The survey explored broadband’s impact on six local economic outcomes in particular:
  1. attracting new businesses to town
  2. reviving depressed communitiesm
  3. making local companies more successful
  4. improving individuals’ income-earning potential
  5. increasing home-based businesses
  6. improving depressed business districts

The survey also looks at the potential for broadband-enabled telemedicine to impact economic development, and probed how respondents view certain national broadband policies. We solicited feedback on possible broadband funding models. If economic development is important to you, listen to this show.

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