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The economic power of narrative storytelling

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Why This Matters

This article highlights the importance of narrative storytelling as an invisible yet powerful form of infrastructure that influences economic equity and resilience in cities. Understanding and shaping these narratives can impact investment decisions and community development, making it a critical factor for the tech industry and policymakers alike. Recognizing the role of storytelling can lead to more inclusive and sustainable economic growth.

Key Takeaways

How a city talks about itself and its residents can shape its economic equity and resilience. When we talk about infrastructure for a local economy, most people picture roads, sewer pipes, broadband, or parks. But there is an invisible type of infrastructure that shapes where capital flows and which businesses are considered investable. These are the narratives shape how a city talks about itself and its people.