Cities and Businesses

Posted: 4 Nov 2009

See all articles by Roger R. Stough

Roger R. Stough

George Mason University - School of Policy, Government, and International Affairs

Rajendra Kulkarni

Schar School of Policy & Government

Date Written: 2004

Abstract

Recent urban growth is explored as is the idea that this growth is driven by technology,specifically information and communications technology (ICT).An examination of the location of technology-intensive business is conducted using U.S. Bureau of Census data. This analysis shows that the vast majority of employment in the ICT is in metropolitan areas, albeit on the outer edges of the metropolitan areas and in edge cities, which has contributed to urban decentralization. It appears that the geographic location of the area does not matter as much as the size of the area. ICT has made metropolitan travel easier, allowing employees to live further from their place of employment through such changes as telecommuting, smart roads, and intelligent transportation systems (ITS). The revolution in ICT has contributed to the increase in entrepreneurship and enterprise development, and has been a driver of globalization.As a result of the importance of entrepreneurship and enterprise development, most cities are investing in public policy initiatives that support this trend in order to increase jobs, wages, and wealth. (SRD)

Keywords: U.S. Bureau of the Census, Economic development, Firm centralization, Firm growth, High technology industries, Information & communication technologies, Public policies, Urban areas, Urban development

Suggested Citation

Stough, Roger R. and Kulkarni, Rajendra, Cities and Businesses (2004). University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship, Available at SSRN: https://ssrn.com/abstract=1497264

Roger R. Stough (Contact Author)

George Mason University - School of Policy, Government, and International Affairs ( email )

Founders Hall
3351 Fairfax Dr.
Arlington, VA 22201
United States
703-993-2268 (Phone)
703-993-5027 (Fax)

Rajendra Kulkarni

Schar School of Policy & Government ( email )

Founders Hall
3351 Fairfax Dr.
Arlington, VA 22201
United States

Here is the Coronavirus
related research on SSRN

Paper statistics

Abstract Views
274
PlumX Metrics