City Leaders and Tech Entrepreneurship


David Cummings on Startups

Nationwide there’s a real push right now among city leaders to brand their region as a tech entrepreneurship hub. Tech has been hot for several years and every city can point to a local success story within the past 24 months. As tech becomes more pervasive and more industries are affected by it, it only makes sense that cities want to capitalize on it.

Here are a few thoughts on why city leaders are so excited about tech entrepreneurship:

  • Cities are either growing or shrinking, so it makes sense to focus on a growth industry
  • The internet provides for amazing distribution, collaboration, and innovation anywhere, so the need to be in a major hub has been greatly diminished
  • The majority of new jobs created over the next 10 years will come from companies that aren’t in existence today
  • Tech jobs are much higher paying than normal jobs
  • Tech entrepreneurs that…

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