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Innovation without relocation?

Michael Wolf

Metropolitan talent hotspots are a clear draw for high-tech startups and entrepreneurs, but larger, long-established corporations are now being attracted by the buzz of innovation and rapid change, writes William R Kerr for Harvard Business Review.

Giants like General Electric are swapping their comfy, suburban-industrial-park existences for the heart of cities such as Boston and San Francisco to plug into the high-energy, disruptive atmosphere generated by much younger businesses.

Kerr says the increasing power and prestige of these global hotbeds – which include Paris, Toyko, Beijing, Shenzen and Seoul – make it vital for some companies to secure themselves a foothold there.

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Source Article: Navigating Talent Hotspots
Author(s): William R Kerr