Rsquo Dept: It is a bold move in a time when every city in the world is vying to become the next Silicon Valley, hoping to attract the industries and individuals who will launch the next generation of zeitgeist-changing companies, according to Globe And Mail. But bringing those groups together in the right way can be a tricky game, and cities are going about it in different manners. “We want to build an innovation hub in Latin America and instead of investing trillions of dollars in infrastructure and R&D, we figured the cheapest way to speed this up was through talent,” he said. Unlike traditional city-building industries, today’s innovative businesses don’t need hard assets like port access, highway infrastructure or really much of anything. In the words of Paul Graham, co-founder of the San Francisco-based start-up incubator Y Combinator, all a city really needs are “rich people and nerds.” As
reported in the news.
@t globe and mail, highway infrastructure
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