The weekly paper in Lexington Kentucky ran an interesting story by Bill Bishop. Bill is co-author of a book named The Big Sort: Why the Clustering of Like-Minded American is Tearing us Apart. The article tells the story about the beginnings of IBM in Austin, and how the split up the typewriter division in Lexington (which became LexMark) and the Austin facility. We all know the fate of dot matrix printers and LexMark. And most people know that IBM’s Austin plant produces tons of innovation, as measured by patent applications. So how is it that the Lexington folks didn’t fare so well, and the Austin folks thrived? Read the article here.

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Filed under: Opinion/Editorial