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IPFS News Link • Business/ Commerce

The Tech Economy's Untold Story

• http://www.freemarketcentral.com, Joel Kotkin

"Big cities won Amazon and everything else," proclaimed Neil Irwin of the New York Times. "We're living in a world where a small number of superstar companies choose to locate in a handful of superstar cities where they have the best chance of recruiting superstar employees." Yet the trends in job creation, particularly in technology, are not nearly as favorable to the "superstars" as some urbanists imagine. If one looks at data, not press releases, a more nuanced picture emerges, with much of the fastest growth—including in tech—shifting dramatically not to the elite, dense urban centers but to more sprawling regions and the suburban periphery.


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