Listen now (7 mins) | Innovation disproportionately happens in cities. Carlino, Chatterjee, and Hunt (2007) find, all else equal, that doubling the number of jobs per square mile is associated with 20% more patents per capita. Why? What is it about packing people together that makes them so innovative? I’ll argue in the next few weeks that a big part of the answer is that it’s about meeting new people.
Cities as a Platform to Mix Up Knowledge
Cities as a Platform to Mix Up Knowledge
Cities as a Platform to Mix Up Knowledge
Listen now (7 mins) | Innovation disproportionately happens in cities. Carlino, Chatterjee, and Hunt (2007) find, all else equal, that doubling the number of jobs per square mile is associated with 20% more patents per capita. Why? What is it about packing people together that makes them so innovative? I’ll argue in the next few weeks that a big part of the answer is that it’s about meeting new people.