We know that startups are highly concentrated in certain places in the U.S. But a new report finds that high-quality startups are even more so.
Illustrates the shift in the entrepreneurial quality from the Silicon Valley area (Sunnyvale and San Jose) to university communities (Stanford and Berkeley) and finally to downtown San Francisco. By 2012, half of San Francisco ZIP codes are in the top 5% of US ZIP codes on entrepreneurial quality.
A new report by MIT economists Jorge Guzman and Scott Stern generates relevant and important data on the increasingly concentrated geography of American innovation and entrepreneurship. The report develops several key measures of quality and quantity of entrepreneurship in the U.S., covering the period from 1988-2014.
Read more: CityLab The Relationship Between High-Quality Startups and Geography