People – Not Just Technology – Drive Urban Economic Development
Abstract
Technology hubs occupied 13 of the top 25 slots in the Milken Institute's Best Performing Cities 2013 report. With these kinds of numbers, one might easily assume that technology alone is the key to transforming a city's prospects for economic development. But technology, while important, is only part of an holistic approach to making cities smarter and better places to live. The other critical component is human expertise directed by innovative strategies and partnerships to overcome societal challenges that cannot be managed by any single sector. In her remarks below, IBM Global Citizenship Initiatives Vice President Diane Melley details the essential role of human capital in urban economic development.
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