Economic Geography of the Internet Age
The authors of the report argue that the economy is increasingly dependent on relationships requiring understanding and trust, qualities developed through face-to-face contact rather than long distance conversations enabled by the Internet. The authors recommend local and state economic development policies focus on maintaining an educated workforce, creating a supportive business climate, and helping their business community to “stay in the loop” of the global economy.
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Available for purchase at: http://www.nber.org/papers/w8450