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Smithtown: Can It Make Something Out of Nothing? - Teaching Note
Steven StraussTeaching Note IVEY-W25556-EEconomicsTeaching note for product W25555.Starting at €0.00
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Smithtown: Can It Make Something Out of Nothing?
Steven StraussCase IVEY-W25555-EEconomicsIn 1965, Smithtown, Arkansas, had virtually no natural resources, core competencies, human capital advantages, or infrastructure advantages. The local river was impassable and not suitable for transport, and the town had no rail line and no airport. Smithtown’s young population (about 18,000 scattered across two counties) was pretty much stagnant and comparatively less educated than the rest of the United States. Although Smithtown had low-cost l...Starting at €8.20