Last month Kodak declared bankruptcy, and this month it quit selling cameras, something it has been doing since 1900. Did Kodak fail because it did not move from film to digital faster, or because it did not stick to what it knew best, laminating film? A close look tells us something about how other places with deep knowledge and fascination with a given science or technology might find new success in global business. What Business Are You In? The Economist titled its article on Kodak’s bankruptcy “Gone In A Flash”, but watching Kodak go … [Read more...]
Archives for February 2012
The Return of the Monkish Virtues
"[The author of Leviticus] posits the existence of one supreme God who contends neither with a higher realm nor with competing peers. The world of demons is abolished; there is no struggle with autonomous foes, because there are none. With the demise of the demons, only one creature remains with 'demonic' power - the human being. Endowed with free will, human power is greater than any attributed to humans by pagan society. Not only can one defy God but, in Priestly language, one can drive God out of his sanctuary. In this respect, humans have … [Read more...]
Nine Reasons Why Detroit Failed
My hometown of Detroit has been studied obsessively for years by writers and researchers of all types to gain insight into the Motor City’s decline. Indeed, it seems to have become a favorite pastime for urbanists of all stripes. How could such an economic powerhouse, a uniquely American city, so utterly collapse? Most analysis tends to focus on the economic, social and political reasons for the downfall. One of my favorite treatises on Detroit is The Origins of the Urban Crisis by Thomas Sugrue, who argues that housing and racial … [Read more...]
Facing Tough Facts in Louisville
Some of you know that I'm originally from Louisville, Kentucky. I grew up in rural Southern Indiana just across the river (inside the Louisville MSA), but also had family in the South End and spent a lot of time as a kid stomping around the neighborhoods near Iroquois Park. I love Louisville and it will always have a special place in my heart. I don't write about it much these days because as the blog has progressed, I've been forced to trim back my reading of local news sites and Louisville web pages were on the cut list. So I'm not as plugged … [Read more...]
From Naptown to Super City
I have long touted the sports strategy that Indianapolis used to revitalize its downtown as a model for cities to follow in terms of strategy led economic and community development. I really think it sets the benchmark in terms of how to do it, and it has been very successful. Indy is hosting the Super Bowl on Sunday, something that is locally seen as a sort of crowning achievement of the 40 year sports journey. As part of that, the Indianapolis Star and public TV station WFYI produced an hour long documentary on the journey called "Naptown … [Read more...]