Economy
Why GE Moved to Boston, According to Its CEO
“You’re in the middle of an ecosystem that quite honestly for a big company, it makes you afraid.”
At The Atlantic’s Washington Ideas Forum Wednesday, the Aspen Institute’s Walter Isaacson asked Jeff Immelt, the chairman and CEO of General Electric, why the company decided to move its headquarters from Bridgeport, Connecticut, to Boston earlier this year. In his answer, Immelt touched on an idea that will be familiar to anyone who has followed Richard Florida’s work on the creative class, especially the dynamic between where good jobs tend to concentrate and where college graduates live.
Check out the video for yourself, or read the transcript below: