"In the U.K. or the U.S. I couldn't have had this success and certainly not this quickly. I also couldn't have had this network—it just wouldn't have worked," Ms. Dagli says, explaining the year-and-a-half journey to build the company from scratch after returning from London. "The trend of young Turks returning home to seek opportunities here is going to grow as people now believe that they can make a sustainable fortune here away from the political and financial instability they were used to in the past. If you're a young Turk and you're not going to make it here, where are you going to make it?" she says.
Global cities are beacons for talent. People flock there from everywhere. Chicago is among the select few that has enjoyed this privilege. But in the Age of Return Migration, the tide has turned against it.
Turkey represents a trend, the flow of talent from developed markets (e.g. London) to developing markets (e.g. Istanbul). The same thing is going on domestically in the United States. Chicago's fresh blood is "repatriating". The brain circulation isn't new. The issue now is that these former skill feeders to Chicago are becoming attractive to talent from elsewhere. Chicago is no longer the only game in the Midwest. See upstart Indianapolis:
Well, I recently came across a blog post by Kelly Campbell, one of those cool people I'd never heard of, that presented her passionate case for pursuing global humanitarian efforts in Indy, using her grass roots example to show how. Kelly previously worked in the fashion industry in New York, and now runs The Village Experience and writes for the Blue Vine Collective (She was also one of the IBJ's 40 Under 40 last year, and you can read more about her over at the IBJ). Kelly not only sees humanitarian efforts as a whitespace opportunity to exploit, they are a personal passion of hers. This shows it as an area that not only has good strategic relevance, but also fits with the cultural ethos of the city. Which is exactly what cities should be looking for.
Emphasis added. This story is familiar to me. Return migration is revitalizing the Rust Belt. Why is this return migration happening? Because in Big City Chicago or even New York you "couldn't have had this success and certainly not this quickly." In NYC, Kelly Campbell is a cog in the fashion industry. In Indianapolis, Kelly Campbell is transforming an entire city. New York can afford to shrug. For Chicago, it is a signal of decline. Ms. Campbell in the United States and Ms. Dagli in Turkey are on the same path.