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Bjork turns venture capitalist
Self-explanatory, by title. I always liked Bjork, starting with The Sugarcubes... ;-)
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Bjork has partnered with a Reykjavik-based venture capital firm to establish a fund that will invest in socially and environmentally responsible companies that will help restore Iceland's battered economy.
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The BJORK venture fund will be run by Audur Capital, which has put down the initial investment of 100 million Iceland kronur ($826,000). It is seeking investors to participate in the fund with investments to close by March 2009.
"The fund will invest in sustainable businesses that create value through the country's unique resources, spectacular nature, vibrant culture and green energy," according to Audur Capital's Web site.
It also states that Bjork "has become a spokeswoman for innovation, creative thinking and increased diversity in the Icelandic economy."
About Creative 30 - Creative 30
Want to look at this later. Interesting tension (imo) between being chosen to be profiled like this, vs just doing it (as 1000s of other "creatives" are). There are a number of people here (as anywhere) who would fit the bill to be profiled, but they don't live in London, so they're not. Now, does that mean you have to live in London (or: insert fave big / creative city)?, or can you be whiz-bang successful creative and live beyond the pale? Where is the pale these days? What,for that matter, is a pale, in the age of the internets?
CEOs for Cities Blog: "The Big Three Creatives"
Discussion of panel with John Howkins, author of The Creative Economy; Charles Landry, author of The Creative City; and Richard Florida, author of The Rise of the Creative Class, which took place in Detroit at the Creative Cities Summit.
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Although the creative city, the creative economy, and the creative class are fundamentally different concepts, they are all related. Each panelist has clearly been influenced by the work of the others.
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Creativity is not only slippery, as John said. It is also risky business. It “fails” more often than not. And therefore, it’s not easy political business.
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We are not 'the next Silicon Valley' by Margaret Pugh O'Mara (Crosscut Seattle)
Really interesting article from the historian's perspective on what it takes to "be" Silicon Valley (hint: certain historical confluences helped) and why it's unlikely that another place will "be" just like that. On the other hand, great places can build on their core strengths, and there are lessons to be learned in this. As O'Mara writes: "In this worldwide network, the most vital innovation centers are those that know their own strengths, provide exciting and dynamic environments for people and firms, and have the resources and institutions that provide a home for new and exciting ideas." I added a comment to this article, particularly as it jives with something Richard Florida also posted today.
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Seattle should build on its local strengths while remaining a key part of the global network of technology industries
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Silicon Valley resulted from a combination of powerful local institutions, savvy real estate development choices, immense capital investment by the Cold War military-industrial complex, and the simple good fortune of being on the right side of national economic and demographic trends. The repeated failures of other places to replicate that success – much less seize Silicon Valley's high-tech mantle – attest to the trickiness of getting this formula right.
The lessons of the tech industry's Cold War-era infancy still hold true today.
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Place Wars - Seattle vs. Silicon Valley (Richard Florida and The Creative Class Exchange)
Florida points to two techologists, one SV-based (Michael Arrington), the other now once again Seattle-based (Glenn Kelman), having a bit of a dust-up over whether one region/ city is better than the other. Robert Scoble also weighs in, as do several others. Of particular interest is that Crosscut today also published Margaret Pugh O'Mara's article on the Seattle - Silicon Valley comparison. I commented here (and in Crosscut).
Gawker and the Rage of the Creative Underclass -- New York Magazine
References to a "creative underclass" and "roiling Schadenfreude" of course set off bells for anyone familiar with the Victoria BC scene, which has long sustained itself on highly creative (often volatile) people living on substandard wages. True, that might be the only thing Victoria and NYC have in common, but the socially determined psychology suggested by the author's intro makes me want to read this with an eye on our local scene. We have in this city "a huge cheering section for failure," as a local commentator once put it, and maybe Grigoriadis's article will shed light on how that happens.
seven for 2007 | varnelis.net
I've had this open in a browser tab for days, wanting to bookmark it, but hesitating because I found it impossible to describe, tag, or in any way categorize. So, let's just say it's "wow" and one of the best recaps-cum-predictions amongst the blogs. Read it.
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Chloestch's Factory
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