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Brain Magnet - Research Triangle Park and the Idea of the Idea Economy (Paperback)
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Brain Magnet - Research Triangle Park and the Idea of the Idea Economy (Paperback)
Series: Columbia Studies in the History of U.S. Capitalism
Expected to ship within 10 - 15 working days
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Beginning in the 1950s, a group of academics, businesspeople, and
politicians set out on an ambitious project to remake North
Carolina's low-wage economy. They pitched the universities of
Raleigh, Durham, and Chapel Hill as the kernel of a tech hub,
Research Triangle Park, which would lure a new class of highly
educated workers. In the process, they created a blueprint for what
would become known as the knowledge economy: a future built on
intellectual labor and the production of intellectual property. In
Brain Magnet, Alex Sayf Cummings reveals the significance of
Research Triangle Park to the emergence of the high-tech economy in
a postindustrial United States. She analyzes the use of ideas of
culture and creativity to fuel economic development, how workers
experienced life in the Triangle, and the role of the federal
government in bringing the modern technology industry into being.
As Raleigh, Durham, and Chapel Hill were transformed by high-tech
development, the old South gave way to a distinctly new one, which
welded the intellectual power of universities to a vision of the
suburban good life. Cummings pinpoints how the story of the
Research Triangle sheds new light on the origins of today's urban
landscape, in which innovation, as exemplified by the tech
industry, is lauded as the engine of economic growth against a
backdrop of gentrification and inequality. Placing the knowledge
economy in a broader cultural and intellectual context, Brain
Magnet offers vital insight into how tech-driven development occurs
and the people and places left in its wake.
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