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Large rural manufacturers may score higher than urban ones on innovation

Large manufacturing firms in rural America are at least as likely as similar urban firms to use innovative methods that can contribute to job creation and increased earnings, a new report says. Though preliminary, the study may indicate that there are exceptions to the oft-repeated rule that economic innovation is the nearly exclusive purview of urban-based businesses.“The findings in this report regarding the prevalence of rural innovation challenge the conventional wisdom that rural nonfarm innovation is relatively rare and idiosyncratic,” the report says. While large rural manufacturers had an innovation edge, that finding did not hold true for small and medium-sized rural manufacturers, the study shows.

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Daily Yonder
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