Published by:
Harvard Business Publishing
Length: 9 pages
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Abstract
Rochester, New York has become a model of community-based economic renewal. At a time when the optics industry is under intense foreign competition, the community is pulling together around three core competencies: shared technological competence to create a breakthrough in optics manufacturing; a community-wide quality movement; and a revolution in education. Rochester''s strategy suggests that competitiveness in the global economy may ultimately reside at the local level.
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Abstract
Rochester, New York has become a model of community-based economic renewal. At a time when the optics industry is under intense foreign competition, the community is pulling together around three core competencies: shared technological competence to create a breakthrough in optics manufacturing; a community-wide quality movement; and a revolution in education. Rochester''s strategy suggests that competitiveness in the global economy may ultimately reside at the local level.