DT #652 Small Country, Big Strategy: Costa Rica’s Rise in High-Value Global Investment
Develop This: Economic and Community Development
Release Date: 06/10/2026
DT #658 Building Stronger Communities Through Entrepreneurial Ecosystems
Develop This: Economic and Community Development
What if the next wave of economic growth starts with local entrepreneurs? In this episode of Develop This!, speaks with of to explore how entrepreneurship-led economic development can help communities build stronger, more resilient economies. Rob shares how communities—especially rural ones—can leverage their unique assets to support entrepreneurs, strengthen local ecosystems, and create long-term growth from within. The conversation highlights SourceLink’s ecosystem approach, focusing on how connecting entrepreneurs to the right resources, partners, and support networks can reduce...
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DT #659 How Public-Private Partnerships Are Reshaping Economic Development
Develop This: Economic and Community Development
What role do public-private partnerships play in the future of economic development? In this panel episode of Develop This!, explores the evolving PPP landscape with , , and , bringing together perspectives from the U.S. and Europe. The conversation dives into how economic development organizations are rethinking funding models, private sector engagement, and long-term sustainability in a changing global environment. A major focus is funding diversification. The panel discusses why stable, flexible funding matters—and how structured campaigns can help formalize private sector participation...
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DT #656 Growth vs Identity: The Real Cost of Austin’s Tech Boom
Develop This: Economic and Community Development
What happens when rapid tech growth collides with a city’s cultural identity? In this episode of Develop This!, is joined by and of to explore the evolution of Austin’s tech boom—and the social and economic trade-offs that come with it. Once known for its distinct culture and creative energy, Austin has become one of the fastest-growing tech hubs in the U.S. But as investment and innovation accelerate, the conversation turns to a harder question: what gets lost in the process? The discussion unpacks the growing tensions between economic expansion and community impact, including...
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DT #657 Beyond Small: Winning Strategies for Rural Economic Development
Develop This: Economic and Community Development
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DT #654 Rebuilding Better: How New Orleans Turned Disaster Into Long-Term Economic Growth
Develop This: Economic and Community Development
What does it take to rebuild an economy after a disaster—and turn it into a model for long-term growth? In this episode of Develop This!, speaks with , CEO of , to explore lessons learned from leading economic recovery efforts after Hurricane Katrina and 9/11. Michael shares how New Orleans approached rebuilding not just infrastructure, but its entire economic foundation—balancing urgency with long-term strategy, and recovery with reinvention. A major theme is the importance of community involvement in shaping recovery efforts. He emphasizes that post-disaster planning cannot be top-down,...
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DT #655 Building Thriving Communities: Leadership, Trust, and the Power of Regional
Develop This: Economic and Community Development
What does it take to build thriving communities across an entire region? In this episode of Develop This!, speaks with to explore her unique journey from law enforcement to economic development—and the leadership lessons she’s learned along the way. Drawing from decades of experience in regional collaboration and workforce strategy, Barb shares how trust, authenticity, and long-term relationship building have helped shape successful community development efforts across Wisconsin. A major focus of the conversation is workforce development, particularly the growing importance of digital...
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DT #652 Small Country, Big Strategy: Costa Rica’s Rise in High-Value Global Investment
Develop This: Economic and Community Development
What does it take for a small country to compete for high-value global investment in today’s economy? In this episode of Develop This!, speaks with of the to explore how Costa Rica is evolving into a strategic hub for advanced industries and foreign direct investment. From its geographic position connecting North and South America to its growing reputation in high-tech sectors, Costa Rica is positioning itself as more than a nearshoring destination—it’s becoming a knowledge-driven economy focused on long-term value creation. Pilar explains how the country has successfully diversified...
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DT #653 Leading with Vision: Why Communities Need Big, Audacious Goals
Develop This: Economic and Community Development
What role do big, bold visions play in shaping stronger communities and more effective leaders? In this episode of Develop This!, is joined by to explore how optimism, storytelling, and ambitious goals can inspire innovation, community engagement, and long-term growth. Drawing inspiration from the Apollo 11 Moon Landing, the conversation examines how major rallying points can unite people around a shared purpose and create momentum for transformational change. Mark and Dennis discuss the importance of balancing realism with aspiration in leadership, emphasizing that communities need both...
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DT #669 Smaller Business Week: Why Microbusinesses Matter
Develop This: Economic and Community Development
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DT #650 Building Inclusive Economies: How Private Sector Lessons Drive Community Transformation
Develop This: Economic and Community Development
What does it take to build economies that are truly inclusive—and built for long-term impact? In this episode of Develop This!, speaks with to explore his diverse career spanning the private sector, entrepreneurship, and community development—and how those experiences shape his approach to economic transformation today. Philip shares how lessons from the private sector can directly inform economic development strategy, especially when it comes to innovation, ecosystem building, and driving measurable community impact. The conversation also highlights the importance of addressing systemic...
info_outlineWhat does it take for a small country to compete for high-value global investment in today’s economy?
In this episode of Develop This!, Dennis Fraise speaks with Pilar Madrigal of the Costa Rican Investment Promotion Agency to explore how Costa Rica is evolving into a strategic hub for advanced industries and foreign direct investment.
From its geographic position connecting North and South America to its growing reputation in high-tech sectors, Costa Rica is positioning itself as more than a nearshoring destination—it’s becoming a knowledge-driven economy focused on long-term value creation.
Pilar explains how the country has successfully diversified beyond tourism into industries such as life sciences, digital health, medical technology, AI, and advanced manufacturing. This transformation is powered by a strong emphasis on talent development and education, which she describes as the foundation of Costa Rica’s competitiveness.
A key theme throughout the conversation is that investment decisions are shifting. Companies are no longer just prioritizing cost or proximity—they are evaluating talent availability, risk mitigation, ecosystem stability, and total operating value.
The discussion also highlights the importance of trust and strategic advisory relationships in attracting and retaining global investors, as well as Costa Rica’s intentional focus on building long-term partnerships rather than transactional wins.
A central takeaway? Costa Rica’s competitive edge lies not in scale, but in stability, talent, and a deliberate strategy to move up the value chain.
Key Takeaways
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Costa Rica serves as a strategic bridge between North and South America
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The economy is shifting from tourism to high-value knowledge industries
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Talent development is the core driver of long-term competitiveness
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Nearshoring now prioritizes resilience and value over proximity alone
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Trust and long-term partnerships are key to investor attraction
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Stability and ecosystem maturity offset size limitations
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Investment decisions increasingly focus on total operating value
Key Topics Covered
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Costa Rica’s geographic and strategic advantages
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Economic diversification into high-tech and life sciences
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Workforce development and talent pipeline strategies
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Challenges of scale and cost competitiveness
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Role of investment promotion and advisory strategy
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Nearshoring and global investment trends
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Trust-building with international investors
Sound Bites
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“The main hurdle is the size of the talent pool.”
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“The future of FDI is about transformation.”
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“A common mistake is competing only on cost.”