A recent Economist magazine article examined President Joe Biden’s industrial policy approach, describing it as “place-based industrial policy.” The article describes such policies as directing tens of billions of taxpayer dollars to specific “struggling regions” in order to boost manufacturing capacity and hopefully incentivize private investment. Specific examples the article cites include $10 billion to
North Carolina lawmakers and Gov. Roy Cooper have proposed that the state give $50 million to a business-led nonprofit that wants to set up regional hubs to promote the commercialization of university research and know-how. Here are the details as reported by Business North Carolina.
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Can Dig-Once Policies Hasten the Close of the Digital Divide?
“Dig once” suggests that it makes more sense to lay the groundwork for broadband expansion through larger transportation projects. But should this forward-thinking idea be mandated or considered a best practice? Shutterstock/Fahroni
As local areas and states keep slugging away at the digital divide, time and money may separate the winners from the losers in the broadband infrastructure game. One potential way to save time and money is through a “dig-once” approach, which refers to the idea of minimizing “the number and scale of excavations when installing telecommunications infrastructure in highway rights-of-way,” according to the Federal Highway Administration.
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