You hear a lot these days about "innovation and entrepreneurship" and about how "good jobs" in tech will save our cities. Yet these common tropes hide a stunning reality: local lives and fortunes are tied to global capital. You see this clearly in metropolises such as San Francisco and New York that have emerged as "superstar cities." In these cities, startups bloom, jobs of the future multiply, and a meritocracy trained in digital technology, backed by investors who control deep pools of capital, forms a new class: the tech-financial elite. In The Innovation Complex, the eminent urbanist Sharon Zukin shows the way these forces shape the new urban economy through a rich and illuminating account of the rise of the tech sector in New York City. Drawing from original interviews with venture capitalists, tech evangelists, and economic development officials, she shows how the ecosystem forms and reshapes the city from the ground up. Zukin explores the people and plans that have literally rooted digital technology in the city. That in turn has shaped a workforce, molded a mindset, and generated an archipelago of tech spaces, which in combination have produced a now-hegemonic "innovation" culture and geography. She begins with the subculture of hackathons and meetups, introduces startup founders and venture capitalists, and explores the transformation of the Brooklyn waterfront from industrial wasteland to "innovation coastline." She shows how, far beyond Silicon Valley, cities like New York are shaped by an influential "triple helix" of business, government, and university leaders--an alliance that joins C. Wright Mills's "power elite," real estate developers, and ambitious avatars of "academic capitalism." As a result, cities around the world are caught between the demands of the tech economy and communities' desires for growth--a massive and often--insurmountable challenge for those who hope to reap the rewards of innovation's success.

The Innovation Complex: Cities, Tech, and the New Economy

Business & Money

Zukin, Sharon

Economics

Oxford University Press

An in-depth look at how New York adopted "innovation" and became a destination for startups and large tech companies.\nIn recent years, the language of "innovation" has spurred visions of urban economic revival led by digital technology. Investors, mayors, and tech evangelists transform the city into an "innovation complex" that expands the tech industry while struggling to control its power. No city has been more ambitious in this pursuit than New York. In The Innovation Complex, Sharon Zukin looks to the people who created New York's tech economy and the places where it took root. She traces its origins to the city's response to the 2008 financial crisis and the aggressive leveraging of wealth from the US and overseas. Through interviews with venture capitalists, startup founders, and economic development officials, she explores the spaces where the rules of the new economy are made--transforming the city but increasing dependence on Big Tech firms, siphoning public subsidies, and enabling the rise of a new meritocratic elite. Updated with a preface on the effects of Covid-19, Zukin's provocative 
interpretation of the innovation complex is a warning to cities around the world.

See the best price to sell, buy, or rent books by Zukin, Sharon. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Zukin, Sharon

See the best price to sell, buy, or rent books by Zukin, Sharon. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

The Innovation Complex: Cities, Tech, and the New Economy

The Innovation Complex: Cities, Tech, and the New Economy