And the winner is... the place with the most talent. So, where is all the talent in Michigan? A new study by Michigan Future Inc., looks at the question.
Excerpt:
Its focus is on identifying a path to better position Michigan to
succeed in the flattening world economy of the future, a path that will
return Michigan to high prosperity, measured by per capita income
consistently above the national average in both national economic
expansions and contractions.
Our basic conclusion: What most distinguishes successful areas from
Michigan is their concentrations of talent, where talent is defined as
a combination of knowledge, creativity and entrepreneurship. Quite
simply, in a flattening world, the places with the greatest
concentrations of talent win! States and regions without concentrations
of talent will have great difficulty retaining or attracting
knowledge-based enterprises, and they are not likely to be the places
where new knowledge-based enterprises are created.
Read the entire article
here.
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