Since 2012, Chicago has built an estimated 1.5 million square feet of coworking spaces, and about 80 or 90 incubators and accelerators. By any reasonable measure of success, this massive effort has not translated into a competitive market for advanced industries. Chicago has not grown its share of the national venture capital market, and we have not brought more national investment into the region for the purposes of advancing technology. More significantly, Chicago has not kept pace with changes in our industrial economy. Continue reading “Chicago’s Potemkin Village: Why our innovation economy has failed, and how to fix it”