Harold, if you aren't familiar with Richard Florida's The Rise of the Creative Class you should check it out. He is an economist at Carnegie Mellon who has documented the shift (in the US for the most part) to people focusing on where they live and industry and venture capital having to follow them. This is a shift in the dominant paradigm of most of the Industrial Age in which hundreds of thousands of people would pick up and move in order to find new or better work.