The Hidden Clusters That Decide Who Wins in Business (And Why You’re Probably Investing in the Wrong Places)
Conventional wisdom says spread your bets. But the data reveals a brutal truth: investment returns are increasingly concentrated in a handful of geographic clusters. If your capital isn’t flowing to these dense ecosystems of talent, R&D, and digital infrastructure, you’re not investingβyou’re subsidizing stagnation. Here’s why geography is the new competitive advantage.