Cities Promote ‘Innovation Districts’ for Economic Development

Instead of isolated corporate campuses like Silicon Valley, some places are trying to promote "innovation districts" to bring industry back. Can it work?

As city governments look to attract more business, they are coming up with novel ways to entice new firms. One method people affiliated with municipal governments, universities and companies use to spur economic growth is to promote neighborhoods that foster development in business and technology — "innovation districts," as a Brookings report by Bruce Katz and Julie Wagner terms the idea.

by Kevin Tidmarsh

Full Story: http://www.governing.com/topics/urban/gov-cities-look-to-innovation-districts-to-spur-economic-development.html

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