Can old towns and cities embrace the new innovation economies?
February 16, 2011 Leave a comment
In both cities, even as people take pride in the past, some worry that it hasn’t equipped them to build new engines of regional prosperity and job creation. It’s a concern I see in cities in every mature economy that once lived in high-growth prosperity but no longer do. Like Dorothy in The Wizard of Oz, they yearn to get back to it, but think it might take something magical, the economic equivalent of ruby red slippers, to effect the change.
My take is that they already have the power within them. I’ll admit this is based on a quick impression.
Page 2 of the linked article has fantastic ideas:
Making this happen requires leadership that “gets it”.