One of the developing trends that I’ve been following closely on this weblog is the increasing influence of entrepreneurs from small town middle America. I think that technology is quickly removing any economic benefits from operating your business in a major metropolitan area. This article from Reuters is a perfect example of that thinking:
What is unusual about Moeser’s effort is that his start-up company, Dedicated Devices Inc., is based in a suburb of Boise, Idaho, in a sparsely populated northwestern state best known for its potatoes.“I think this is the hotbed of entrepreneurship in the country right now,” Moeser said.
That statement may seem unlikely in the Boise area, where the slow pace of life, lesser traffic and low-rise landscape recalls America in the 1950s. Yet boosters of Idaho, population 1.3 million, say those very features are what lure and keep 800 high-tech companies in the state.
“I don’t think there is anything other than a great lifestyle that would draw companies here,” said Mark Solon, who heads a $27 million Boise venture capital firm that has invested in Dedicated Devices. “It’s very Sleepy Town, U.S.A., and it’s very appealing.”
via PVRblog.
Chuck on October 1st, 2004 at 9:11 pm
I live in a town that must make Boise look busy.
There is no DSL provider that reaches my home office. But I have just found out that a wireless broadband service exists in my county for just $49.95.
It transmits from our area’s largest radio tower and has a range of 10 miles.
Hopefully there’s no hill between me and the tower.
I can’t help but think how this technology will put many rural businesses into the Internet Age… if only to sell things on ebay.
I don’t know why businesses wouldn’t want to operate here instead of a big city.
I note that the latest search technology http://www.clusty.com ISN’T out of Silicon Valley… but Carnegie-Mellon University in Pittsburgh.
While Pittsburgh is no small town in the heart land, it’s a revitalized steel town and not where you’d expect a potential Google rival to emerge from!