Principles

Quality of life
Kentucky’s economic development should work to produce a high quality of life for all Kentuckians.  A high quality of life makes for a good and attractive place to live; it creates better communities, successful businesses and a vibrant economy.

Quality of opportunity
More than just jobs, Kentucky’s economic development strategies should focus on expanding the opportunities for all Kentuckians to gain skills and lead productive satisfying lives.

Accountability
Kentucky economic development decisions and spending must be guided by clear and measurable goals. Open to broad public scrutiny, it should be fiscally responsible, based on accessible, objective data and subject to rigorous evaluation.

Forward thinking
Kentucky’s leadership should take a long-term perspective that emphasizes developing the economy from within. Promoting quality, innovation and creativity as economic drivers, Kentucky’s economic development strategy must support existing Kentucky business, allowing them to remain and prosper.

Respect for people and place
Kentucky’s economic development process must be open to public participation and based on the assets, goals and values of a community or region. It must respect the land, the people and the community’s cultural identity. Good stewardship of natural resources is an investment in quality of life; it results in long-term economic benefits and makes a community an attractive place to live, work and raise families.