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.
Katz and Wagner said that isolated corporate campuses like those found in Silicon Valley, traditionally the places where technology is developed, are being replaced by more integrated innovation districts.
Image: A girl on her phone in the Mission District in San Francisco. FlickrCC/torbakhopper
To read the original article: Cities Promote 'Innovation Districts' for Economic Development