this week's poll

What type of company should economic development public policy be most supportive of?

Companies with defensible innovations 13% | 15 votes
Companies that are on rapid growth trajectories 10% | 12 votes
Main Street companies with stable customer bases 18% | 22 votes
Government should not be in the business of choosing winners of one type of business or another 56% | 67 votes
I don't know 3% | 3 votes
Posted 9/2/12

Providence Business News recently announced the winners in its inaugural Fastest-Growing and Innovative Companies competition, which is designed to identify companies on rapid paths to growth as well as those that are developing innovations in their marketplaces.

At a time when public dollars are scarce, especially for economic development initiatives, which of those kinds of companies should receive support (which could be monetary or regulatory)? Or should state policy give the most support to Main Street businesses that have a history of stable employment and markets, and may be suffering some during the current economic downturn?

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