Beyond Clustering

Joel Kotkin writes on emerging high-tech location strategy.

1 minute read

April 2, 2002, 5:00 AM PST

For much of the past decade, local economic development officials-and the real estate interests who follow them-have spent many thousands of dollars to look for what has been called high-tech "clustering"...a concentration pattern, with one set of companies and industries luring business to a particular place... Yet, even in the heart of Silicon Valley, there is growing sentiment that argues against the clustering thesis... Instead, this new trend augurs something far more profound -- the shifting of top-end tech jobs to peripheral areas... The real critical issue for site selection, in the new paradigm...lies in finding and retaining talent.

Thanks to REISCast Newsletter Editor

Read the full story: Beyond Clustering: Emerging High-Tech Location Strategy

Tuesday, April 2, 2002 in REIS

Community / Economic Development California

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