Across the world, cities and regions have wasted trillions of dollars on blindly copying the Silicon Valley model of growth creation. Since the early years of the information age, we’ve been told that economic growth derives from harnessing technological innovation. To do this, places must create good education systems, partner with local research universities, and attract innovative hi-tech firms. We have lived with this system for decades, and the result is clear: a small number of regions and cities at the top of the high-tech industry but many more fighting a losing battle to retain economic dynamism.
Tag: Dan Breznitz
Run of the Red Queen
By Dan Breznitz and Michael Murphree Few observers are unimpressed by the economic ambition of China or by the nation’s remarkable rate of growth. But what does the future hold? This meticulously researched book closely examines the strengths and weaknesses of the…