![Investment by Sector in the Next Five Years Investment by Sector in the Next Five Years](https://www.infrastructureusa.org/wp-content/uploads/2011/04/screen-shot-2011-04-07-at-52141-pm.gif)
URBAN LAND INSTITUTE
The innovation economy is sweeping away the old rules of city building in the United States and “anchor institutions”—research hospitals and universities—have become one of the primary drivers of this community-based change. At one time, companies could operate independently of community development factors, make industry-based acquisitions or mergers, forgo partnerships with the public sector, and forge their independent path to thriving business and enterprise value. Today, the technology and information economy has created a tempo of quick-speed change and public/ private community interdependencies that have grown so great they have generated a new paradigm of local economic development and city building.