State and local governments spend around $45 billion a year wooing companies to move within their borders. But such moves only account for 3% to 14% of newly created jobs in the victorious states, writes Brookings’ Amy Liu. Instead of throwing money at giants like Amazon, Liu points to research that shows governments are better off nurturing their startup communities, helping small businesses become larger ones and making their cities nicer places to live.
Cities are actively courting Amazon's HQ2, but is that the best way to create job growth and economic value? Surprisingly no.? And, according to what?Harvard Business Review?recommends, Pittsburgh is on it's way to creating local, homegrown jobs.
The latest in the HQ2 debate....I still think we/The Triangle have a snowballs chance of landing this...what do you think??? https://lnkd.in/esjDpVs
Indeed it sound like The Bachelor where Jeff Bazos heart will land at the end. As Amazon searches for a location for its new headquarters-HQ2: cities across the country have been trying to attract the tech giant. At stake: 50,000 jobs and $5 billion in investments. The Washington Metro Area has a big shot represented by 3 cites out of the finals 20.
As Amazon searches for a location for its next headquarters, which city will get the final rose? Welcome to The Bachelor: Bezos Edition.
Leading Client Success for Entertainment Brands, providing Global Creative, Marketing, & Digital Tech Work Solutions
The possibility of landing HQ2 has enticed cities to embark on or jump-start #infrastructure projects they previously weren't considering. Amazon
Assistant Dean and Executive Director, LBJ Urban Lab, and Professor of Practice at The University of Texas at Austin, The LBJ School of Public Affairs
This: “Amazon expected too much from too many communities & drove a process that was unusually expensive, unusually large, & put communities behind the 8-ball unnecessarily." - Jeff Finkle, CEcD ?#ecdev #cities?#AmazonH2Q