Miami has over 300 highrises and a climate that many desire. The city’s mayor is hoping to lure tech business and jobs from Silicon Valley to region with low taxes, freewheeling Covid protocols, and a young and educated workforce. Dave Amos explains that Silicon Valley represents a unique global industry cluster, which gives it a competitive advantage and produced agglomeration effects. This principle applies to other places like Seattle’s own Silicon Forest. So it may not be so easy to just plug-and-play like Miami’s mayor hopes.
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