The world is getting flatter. The Creative Class economy is dying. As agriculture and manufacturing before it, innovation is converging. In general, that's good news for most places. It's bad news for the winners of the last round of agglomeration. Case study number one, Brazil:
THE world is littered with would-be Silicon Valleys with catchy monikers, from Chilecon Valley (Santiago) to Silicon Wadi (Tel Aviv). Now Belo Horizonte, Brazil’s third-biggest city, wants to join the list. Dubbed “San Pedro Valley” in 2011 by a group of start-ups that formed a chance cluster in its São Pedro district, it is now home to nearly 50 young tech firms. (They switched the Portuguese “São” to the Spanish “San” for a cosmopolitan touch.)
To read the original article: More Evidence Of Innovation Economy Decline | Sustainable Cities Collective
