A CoolTown government would look at enhancing the talent of its own people rather than importing it from somewhere else (ie big corporations).

It would promote ways of utilizing technology (e.g. the internet) and fresh ideas (e.g. universities) to enhance the skills and businesses of its own residents and establish a strong local economy.  Much of this is detailed in Going Local: Creating Self Reliant Communities in a Global Age by Michael Shuman (who also happens to be a CoolTown advocate.)

Visionary governments also specifically prioritize visionary real estate projects, which is anti-thetical to typical bureaucratic procedure of supporting only its governing area as a whole.  As documented in this classic bestseller, when you try to please everyone, you please no one.