What the heck is Xconomy doing opening
a bureau in Detroit?
The same thing we've been doing all along: seeking out technology
innovators in key cities and chronicling the work they're doing to turn
their ideas into businesses that will drive the economy forward, both
regionally and nationally.
There's no question that Detroit falls short on many of the
ingredients that propel tech-company growth in Xconomy's other home
cities of Boston, San Diego, and Seattle—things like an existing network
of experienced serial entrepreneurs, a deep-rooted ecosystem of venture
and angel investors, a menagerie of big high-tech anchor companies, and
multiple top-level universities and research institutions churning out
highly trained graduates and new technology concepts.
But in Detroit, the need for innovation is far more urgent than in
any of those other places. So it's going to have to make do with, and
build upon, the resources it does have. And there's nothing about the
character of Detroiters or the automotive industry's current woes to
convince me that the city can't bounce back.
Read the entire article here.
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