For decades, regional economic development followed a predictable playbook: attract a major employer, offer tax incentives, build a business park, cut the ribbon. But that era is ending. Today’s economy is driven by smaller firms, distributed innovation, and talent that no longer defaults to coastal hubs. Instead of chasing yesterday’s employers, forward-thinking regions are building tomorrow’s companies.
The model leading this transformation? The venture studio.
Continue reading… “The Future of Regional Innovation: Why Venture Studios Are the New Economic Engine”