Entrepreneur Magazine Names St. Louis #1 City for Innovation
These 8 Heartland Cities Are Essential to the Future of American Innovation
Entrepreneur Magazine – For many years, much of American innovation — particularly tech innovation — was concentrated on the coasts. Just five metropolitan areas (Boston, San Diego, San Francisco, Seattle and San Jose) accounted for 90% of all U.S. high-tech job growth between 2005 to 2017.
Those days are coming to a close. The modern map of innovation and entrepreneurship is starting to shift as companies and innovators move inward toward the heartland. U.S. states primarily known for their agro business are becoming known for their hubs of innovation, with high rates of startup growth and growing networks of business owners and entrepreneurs.
This is an important migration of people and ideas. It allows for the unlocking of the private sector for job creation investment, which will in turn stimulate economic growth and speed up America’s Recovery by investing heavily in geographic areas that typically do not get as much infusion of funding.