This whitepaper begins with the Department of Commerce report that 100% of net job growth over the last 20 years can be attributed to startup companies - and goes deeper, exploring the three main drivers of startup companies: investment, innovation, and entrepreneurship - and how cities across the country measure up in terms of these metrics. Then finally, we explain what cities can do to help jumpstart the growth of startup companies, focusing on an exciting new economic development tool called crowdsourcing. We take a by-the-numbers look at regional innovation competitions as a cost-effective way to drive real growth in local startups, innovation, and investment.
To read the full, original article click on this link: Research
To download the white paper click here: http://metroinnovation.com/docs/ideasInProgress.pdf
Author: Metro Innovation