Flexible policy broadens structural capabilities and builds resilience into urban systems, in either a specialized or diversified economy. The outputs include infrastructure both hard (transport, technology and housing) and soft (education, culture, and institutions). In providing platforms for investment that adapt to global trends, this strategy transforms industrial determinism into flexible economic opportunism.

http://www.newgeography.com/content/004934-flexible-economic-opportunism-beyond-diversification-urban-revival

“Flexible economic opportunism: beyond diversification in urban revival.” New Geography, 1 June 2015.

NUS news page:

http://lkyspp.nus.edu.sg/news/flexible-economic-opportunism-beyond-diversification-in-urban-revival/

Re-post by The Urbanophile:

http://www.urbanophile.com/2015/06/09/structural-flexibility-is-more-important-than-specialization-or-diversification-by-kris-hartley/