There's No Formula for Fixing Detroit, and That's a Good Thing
Harvard Business Review
JULY 24, 2013
But over time the automakers evolved into change-averse business bureaucracies. They''ve also been troubled, and Cleveland even defaulted on some bank loans in the late 1970s. Policy innovation. Cities live or die as economic entities, and Detroit''s economy of course grew up around its automotive entrepreneurs. Entrepreneurs.
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