An April 10, 2016 news article by Xumei Dong on the timesunion website casts a light on what some feel is an emerging ‘brainbelt’ (Note: Links have been removed),
Albany [New York state, US], in the forefront of nanotechnology research, is one of the fastest-growing cities for tech jobs, according to a new book exploring hot spots of innovation across the globe.
“You have GlobalFoundries, which has thousands of employees working in one of the most modern plants in the world,” says Antoine van Agtmael, the Dutch-born investor who wrote “The Smartest Places on Earth: Why Rustbelts Are the Emerging Hotspots of Global Innovation” with Dutch journalist Fred Bakker.
Their book, mentioned in a Brookings Institution panel discussion last week [April 6, 2016], lists Albany as a leading innovation hub — part of an emerging “brainbelt” in the United States.
The Brookings Institute’s The smartest places on Earth: Why rustbelts are the emerging hotspots of global innovation event page provides more details and includes an embedded video of the event (running time: roughly 1 hour 17 mins.), Note: A link has been removed,
The conventional wisdom in manufacturing has long held that the key to maintaining a competitive edge lies in making things as cheaply as possible, which saw production outsourced to the developing world in pursuit of ever-lower costs. In contradiction to that prevailing wisdom, authors Antoine van Agtmael, a Brookings trustee, and Fred Bakker crisscrossed the globe and found that the economic tide is beginning to shift from its obsession with cheap goods to the production of smart ones.
Their new book, “The Smartest Places on Earth” (PublicAffairs, 2016), examines this changing dynamic and the transformation of “rustbelt” cities, the former industrial centers of the U.S. and Europe, into a “brainbelt” of design and innovation.
On Wednesday, April 6  Centennial Scholar Bruce Katz and the Metropolitan Policy Program hosted an event discussing these emerging hotspots and how cities such as Akron, Albany, Raleigh-Durham, Minneapolis-St.Paul, and Portland in the United States, and Eindhoven, Malmo, Dresden, and Oulu in Europe are seizing the initiative and recovering their economic strength.
You can find the book here or if a summary and biographies of the authors will suffice, there’s this,
The remarkable story of how rustbelt cities such as Akron and Albany in the United States and Eindhoven in Europe are becoming the unlikely hotspots of global innovation, where sharing brainpower and making things smarter—not cheaper—is creating a new economy that is turning globalization on its head
Antoine van Agtmael and Fred Bakker counter recent conventional wisdom that the American and northern European economies have lost their initiative in innovation and their competitive edge by focusing on an unexpected and hopeful trend: the emerging sources of economic strength coming from areas once known as “rustbelts” that had been written off as yesterday’s story.
In these communities, a combination of forces—visionary thinkers, local universities, regional government initiatives, start-ups, and big corporations—have created “brainbelts.” Based on trust, a collaborative style of working, and freedom of thinking prevalent in America and Europe, these brainbelts are producing smart products that are transforming industries by integrating IT, sensors, big data, new materials, new discoveries, and automation. From polymers to medical devices, the brainbelts have turned the tide from cheap, outsourced production to making things smart right in our own backyard. The next emerging market may, in fact, be the West.
about Antoine van Agtmael and Fred Bakker
Antoine van Agtmael is senior adviser at Garten Rothkopf, a public policy advisory firm in Washington, DC. He was a founder, CEO, and CIO of Emerging Markets Management LLC; previously he was deputy director of the capital markets department of the International Finance Corporation (“IFC”), the private sector oriented affiliate of the World Bank, and a division chief in the World Bank’s borrowing operations. He was an adjunct professor at Georgetown Law Center and taught at the Harvard Institute of Politics. Mr. van Agtmael is chairman of the NPR Foundation, a member of the board of NPR, and chairman of its Investment Committee. He is also a trustee of The Brookings Institution and cochairman of its International Advisory Council. He is on the President’s Council on International Activities at Yale University, the Advisory Council of Johns Hopkins University’s Paul H. Nitze School of Advanced International Studies (SAIS), and a member of the Council on Foreign Relations
Alfred Bakker, until his recent retirement, was a journalist specializing in monetary and financial affairs with Het Financieele Dagblad, the “Financial Times of Holland,” serving as deputy editor, editor-in-chief and CEO. In addition to his writing and editing duties he helped develop the company from a newspaper publisher to a multimedia company, developing several websites, a business news radio channel, and a quarterly business magazine, FD Outlook, and, responsible for the establishment of FD Intelligence
A hard cover copy of the book is $25.99, presumably US currency.