High unemployment rates lead to more opportunity to create incubators in the city. The unemployed work force can use vacant office space as laboratories to develop ideas. Social aide can be given to incubators to cover start-up costs and support new companies.
1. Falling tax revenue
2. Unemployed require retraining to be competative in high tech world
3. High cost to start-up businesses
1. Vacant real estate
2. Developed nations have small business development programs