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New York’s Fashion Industry Reveals a New Truth About Economic Clusters

Harvard Business Review

To find out answers to these questions, we tracked 77 fashion designers working in the Garment District and the larger New York region over two weeks in July 2011. The Garment District’s agglomeration economies foster the freedom necessary for creativity to thrive, which is part and parcel of how great dresses are made in the first place.

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Become Businessperson of the Year

Harvard Business Review

But DuPont chief Ellen Kullman has also demonstrated the ability to act on great foresight, if in more mundane categories, leading her company into food-related products and alternative energy while continuing to produce synthetic materials. Second, the 2-in-1 CEOs ensure that their insights can be turned into action.

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