Economy
In Tennessee, All Innovation Is Regional
A governor's ambitious plan to foster knowledge-based jobs across the state
This week, The Atlantic Cities has partnered with the Brookings-Rockefeller Project on State and Metropolitan Innovation to explore local solutions to national problems. You can find the rest of the series here.
As states and metropolitan areas fight to regain ground lost during the economic downturn, the ability to innovate is proving increasingly crucial. Innovation allows economies to adapt as new technologies emerge. It enables existing companies to survive and thrive and encourages new businesses to develop. A strong innovation ecosystem facilitates the design of new products and the development of new production processes. Without it, states and metros will find themselves lagging behind in the next economy.