Regional Innovation Chair in Rural Economic Development
Regional Innovation Chair (RIC) in Rural Economic Development
The work of the RIC is based on regional priorities and partnerships with local and regional organizations and businesses. By supporting evidence-based planning and decision-making, the RIC aims to improve the economic climate of rural regions and communities.
The RIC was formally established in 2006 to conduct a program of research in rural economic development. The position is supported through an endowment established under the BC Leading Edge Endowment Fund, which included matching funding from non-government sources.
Goals of the Regional Innovation Chair
Based on a foundation of applied research and outreach, the goals of the Regional Innovation Chair in Rural Economic Development are to:
Develop the capacity in the region for sound decision-making in matters related to economic development, through the provision of relevant research data and analysis, together with related skill and capacity development;
Assist in the diversification of the regional economy through the promotion of innovation and technology transfer in existing and new enterprises; and
Support provincial and national networks that undertake applied research on the revitalization of high amenity, highly rural communities and regions.