Thursday, October 03, 2013

Your Knowledge Is Nothing If No One Else Knows You Know It

Dan Gilbert's business acumen is the wrong approach for redeveloping Detroit at Pacific Standard magazine.

Theme: Benefits of brain drain and costs of talent retention initiatives.

Subject Article: "Dan Gilbert Defends $300M In Federal Spending For Detroit."

Other Links: 1. "The Talent Dividend."
2. "Want to Kill Innovation? Fight Brain Drain."
3. "The Benefits of Talent Mobility."
4. "German Pork Butchers in Britain."
5. "The Talent Commons: Human Capital and Collective Knowledge Creation."
6. "The Virtues of Leaks, Raids, and Free-Riding: An Interview with Orly Lobel."
7. "Twitter Feed of Mayor Cory Booker."
8. "The Darwin Awards: In Search Of Smart."

Postscript: Three lines of academic discourse are coming together that expose the folly of trying to plug the brain drain. The first is the migration literature putting people in front of place. More recently, I've looked into social networking theory an the problem of inbreeding homophily. More broadly, I'm interested in how knowledge transfer occurs and the impacts of migration on innovation. See pork butchers. Lastly, we have that Silicon Valley magic. Orly Lobel gives the idea of talent churn some academic heft. I think all three streams comprise an economic development strategy based on migration.

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