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Winner-take-all cities

Richard Florida, Charlotta Mellander, and Karen M. King have a new working paper out called Winner-Take-All Cities.

It is about the phenomenon of “winner-take-all urbanism” and how a select number of alpha cities seem to overrepresent when it comes to talent, economic activity, innovation, and wealth creation.

In this study they look at economic output, innovation (venture capital-backed startups), and billionaire wealth in each city. They then compare these factors to the distribution of the population.

Here are the Alpha cities they looked at:

In some cases the above concentrations were multiples of what the city’s population would lead you to predict. Their conclusion: “We find clear evidence of a winner-take-all urbanism
across the global economy and the world’s cities.”

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