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According to Research Some of the Smartest People Reside in Akron, Ohio

News Article

According to an article in Business Insider, "13 'brain belts' Where the World's Smartest People Reside", Akron, Ohio made the list.

Analysts from Macquarie Bank have outlined 13 places where the world's best and brightest tend to cluster.

Macquarie's team referred to such regions as "brain belts" — areas which have developed into hubs which attract the smartest people to work in different areas of cutting edge technology.

The list is based on research in a 2016 book by Antoine van Agtmael and Fred Bakker called "The Smartest Places on Earth."

Macquarie said that van Agtmael and Bakker identified many other places in addition to the table below, and "virtually all were in North America and Europe."

Here's the list of each region together with their area of specialization:

brain belts 

As part of their research, Macquarie's team spent time in Silicon Valley and it left them optimistic about the positive impact of technology in the global economy.

They noted that the motivation for van Agtmael and Bakker stemmed from an idea that focus was moving away from the cheap manufacturing.

"This led to an understanding that cheap is giving way to smart, where high value-added products are being created in collaborative environments, in 'brain belts,'" Macquarie said.

While the research certainly has a northern hemisphere bias, the authors took specific aim at Asia as being too rigid in its thinking and processes.

The analysts quoted the following passage from the book to explain the idea of brain belts:

"Research facilities with deep, specialist knowledge; educational institutions; government support for basic research; appealing work and living environments; capital; and, most important, the atmosphere of trust and the freedom of thinking that stimulates unorthodox ideas and accepts failure as a necessary part of innovation—different from the hierarchical, regimented thinking so prevalent in many Asian and MIST economies."

MIST stands for Mexico, Indonesia, South Korea, and Turkey.

The research in these intelligent clusters spans the full spectrum of tech innovation, from expensive new product development to test-runs for automated manufacturing processes using 3D printers.

While many have raised concerns about the impact of technology on employment, Macquarie is optimistic about the trickle-down effect from innovation.

They cited further research from a 2013 book by Enrico Moretti called "The New Geography of Jobs," which argued that "for each new urban high-tech job there are five additional jobs created, three for professionals and two for lower-wage non-professionals".

Business Insider Australia

Sam Jacobs, Business Insider Australia, Aug. 17, 2017, 7:34 AM

 

 

BMD and Community Legal Aid 2nd Annual Free Neighborhood Law Clinic - March 23, 2019

The law firm, Brennan, Manna and Diamond LLC (“BMD”), is again teaming up with Community Legal Aid to host a free legal clinic.

Medical Records Update

In order to help standardize forms to authorize the release of medical records, the Ohio Legislature directed the Ohio Medicaid Department to develop a standardized form to be used by healthcare providers which would authorize the release of medical information in compliance with provisions of HIPAA, state law and the substance abuse and other disorder regulations. Ohio Medicaid has issued a standardized form which use will be effective February 1, 2019.

BMD Congratulates Tony Manna and Signet Capital Advisors - 2018 ACG Deal of the Year

BMD Congratulates Tony Manna and Signet Capital Advisors - 2018 ACG Deal of the Year

BMD Client Spotlight | Making a Real Impact through the Bridges Program

When the State of Ohio announced the Bridges Program in early 2018, it was an opportunity for real change - it was a commitment to change the narrative for young adults in the foster care system. The program is designed to help young adults aging out of the foster care system prepare for adulthood. BMD has been at the forefront of this initiative providing legal support for the program.

BMD 2019 OHIO SUPER LAWYERS AND OHIO RISING STARS

BRENNAN, MANNA & DIAMOND is proud to announce RICHARD W. BURKE (Estate Planning and Probate), ROBERT A. HAGER (Construction Litigation), MICHAEL A. STEEL (Bankruptcy, Business) and RICHARD L. WILLIGER (Workers’ Compensation, Employment & Labor) have been selected as 2019 Ohio Super Lawyers by Law and Politics magazine, Northern Ohio Live magazine, and Cincinnati Magazine in their respective area of practice. BMD’s 2019 Rising Stars include: JUSTIN M. ALABURDA (Business Litigation), VICTORIA L. FERRISE (Government Relations), ALEX J. McCALLION (Business Litigation), BRANDON T. PAULEY (Business/Corporate) and DANIEL J. RUDARY (Business Litigation)