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In response to
"This is fascinating: "the preponderance of business creation is now intensely concentrated in a handful of metropolitan hubs" -- (link)"
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decline
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Yeah, there's no easy way around it. A service-led economy means that businesses start in hubs of creativity and innovation with deep talent pools and
Posted by
Roger More (aka rogermore)
Feb 1 '17, 09:05
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access to other services - which means in or near cities. Even new manufacturing businesses base their investment decisions on these factors (plus energy costs, taxes and access to transport infrastructure - which also means cities)
Factors like being close to resources or access to cheap land or cheap labour aren't as important.
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