The increasing value of place

Tuesday, August 15, 2006

Here is an interesting article from Business Week on the value of place. The article notes that as the global economy continues to integrate, "The real contest isn't between nations. It's between communities, whether they be neighborhoods, cities, or tight-knit regions."

The article goes on to quote Harvard Business School professor Michael E. Porter: "The paradox of globalization is that location still matters. The more barriers disappear, the more that capital and talent become mobile, the more decisive become geographic advantages."

Read more.

Here's an interview with Porter. Read more.

posted by Ed Morrison |

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