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  • 1.
    Florida, Richard
    et al.
    University of Toronto, Toronto, Ontario, Canada.
    Mellander, Charlotta
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Centre of Excellence for Science and Innovation Studies (CESIS).
    Rise of the startup city: The changing geography of the venture capital financed innovation2016In: California Management Review, ISSN 0008-1256, E-ISSN 2162-8564, Vol. 59, no 1, p. 14-38Article in journal (Refereed)
    Abstract [en]

    The prevailing geographic model for high-technology industrial organization has been the “nerdistan,” a sprawling, car-oriented suburb organized around office parks. This seems to contradict a basic insight of urban theory, which associates dense urban centers with higher levels of innovation, entrepreneurship, and creativity. This article examines the geography of recent venture capital finance startups across U.S. metros and within a subset of them by neighborhood. It concludes that the model is changing. The suburban model might have been a historical aberration, and innovation, creativity, and entrepreneurship are realigning in the same urban centers that traditionally fostered them.

  • 2.
    Kohler, Thomas
    Hawaii Pacific Univ, Mkt, Honolulu, HI USA..
    Crowdsourcing-Based Business Models: How To Create And Capture Value2015In: California Management Review, ISSN 0008-1256, E-ISSN 2162-8564, Vol. 57, no 4, p. 63-84Article in journal (Refereed)
    Abstract [en]

    Technology has transformed individuals from mere consumers of products to empowered participants in value co-creation. While numerous firms experiment with involving a crowd in value creation, few companies turn crowdsourcing projects into thriving platforms with a powerful business model. To address this challenge, this article analyzes successful platforms to identify patterns of effective crowdsourcing-based business models. The results provide guidance for managers who need to create new (or adapt existing) business models.

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