Does Open Innovation Thrive In Rural Areas?

The prevailing wisdom is that innovation thrives best in cities where the agglomeration effect ensures an ample supply of talent and finance to generate and develop new ideas, and then a robust market to sell those ideas to. This fundamental scale advantage suggests that small towns and rural areas will always be at a disadvantage.

A recent study from McGill University suggests this need not be a fait accompli however, and indeed, sometimes rural areas offer distinct advantages over more populous regions.

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