Digital to REAL

Entrepreneurs shifting to small towns

The Small Business Trend's blog discusses the trend identified by BusinessWeek.com (July, 2005) of entrepreneurs bypassing big cities in favor of small towns. This is further evidence of the change wrought by the digital knowledge economy but one finally in favor of small towns and rural areas:
"With the old-line manufacturing economy almost a thing of the past and service and information economies taking its place, the enticements that make a city attractive for entrepreneurs also are changing. The traditional menu of tax incentives, low office rents, and favorable regulatory environments remain in play. But more frequently, observers say, a host of variables that emphasize quality of life, population diversity, infrastructure, and a culture of creativity have become weightier matters to consider when choosing a city."

posted by Bob Houghton @ 10:47 PM