How Dubai, South Carolina and Maine Are Building…
As technology research analysts, we can locate our company headquarters anywhere in the world so long as that location provides access to telephone services, to the Internet and to a decent airport. Our jobs involve conducting product and market research and performing competitive analysis on advanced technologies. We need the phone to conduct interviews and run our business; we need the Internet to research market trends and to conduct competitive analysis – and we also need the Internet to distribute our reports. We need an airport in order to fly to various locations to conduct face-to-face research, to attend briefings, as well as to deliver technology speeches and provide technical education.
Sometimes on these road trips we meet government officials who are highly interested in building technology sector jobs in their respective countries, states and cities. The reasons for their interest vary – from trying to increase their tax revenues by building a large base of high-paying white collar technology jobs, to providing job opportunities that will keep next generation workers at home in their local geographies (thus offering young workers an opportunity for upward economic mobility within their home regions). We are not the only analysts to make these observations. The motivators that drive governments to expand their technology sectors are explored in greater depth in a report by Lawrence H. Summers in his National Bureau of Economic Research Reporter article entitled “Economic Possibilities for Our Children.”
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NOTE: This column was originally published in the Pund-IT Review.