How innovation networks fail apart

Here is an interesting talk by Margaret Levenstein of the U of M on how the innovative networks in Cleveland fell apart. Cleveland was a Silicon Valley type location during the industrial age. But it all came to a halt with the Great Depression. Could it happen again?
http://ineteconomics.org/ivideo?v=g8Ms7s-tPM4&size=medium
This is part of the Institute for New Economic Thinking‘s series on 30 Ways to be an Economist.

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