Story excerpt provided by Cleveland Plain Dealer.
Written by Michael C. DeAloia.
One of the core complaints I hear on a regular basis from tech leaders and entrepreneurs is that one big company that can further develop the local technology ecosystem does not exist locally.
When thinking big company, think Microsoft in Seattle or Dell in Austin or even Apple (and hundreds of other companies) in Silicon Valley. The big-company logic suggests this: big company goes public, creates wealth for thousands of employees, and establishes a large employment base as well as numerous vendors; talent from around the country is attracted to big company; when talent leaves big company they create new companies. This is the Genesis story for so many tech hubs in the U.S.
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Originally published November 23, 2014.