Economy
Dortmund has historically been an industrial area. Dortmund is now home to a number of medium-sized information technology companies, many linked to the local university TechnologieZentrumDortmund program. The city works closely with research institutes, private universities, and companies to collaborate on the commercialization of science initiatives.
In 2009, Dortmund was classified as a Node city in the Innovation Cities Index published by 2thinknow.
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Famous quotes containing the word economy:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)