Thursday, July 2, 2009

Diaspora Economics

Ironically, increasing internet and e-mail usage are re-enforcing the importance of geography:

The two researchers’ study of the spread of new names was prompted by their discovery that the relationship between the number of private e-mails sent in America and the distance between sender and recipient falls off far more steeply than they expected. People are overwhelmingly e-mailing others in the same city, rather than those far away.

E-mail, it seems, is helping to localize our social networks. Proximity is king. However, I'm more interested in the exception rather than the rule.

Techniques for overcoming geographic barriers such as parochialism represent a significant economic advantage, a blue ocean strategy. The ability to build trust over great distances is valuable because it is difficult to do. Diaspora networking offers this kind of opportunity, the theory behind the Greater Youngstown 2.0 practice. The Steel Valley could service markets inaccessible to most because of the proximity rule. In this respect, brain drain is a good thing.

No comments:

Post a Comment