Browsing by Author "Breznitz, Shiri M"

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    Arts Districts, Universities, and the Rise of Digital Media
    (2013-06) Breznitz, Shiri M; Noonan, Douglas S.
    In the last decade, arts and culture have been placed at the center of attention when discussing economic growth. In particular, studies on the “creative class” have been using arts and culture as an important factor impacting local economies. In addition, studies on local economic development have frequently viewed universities as a major factor in economic growth. In the middle of this discussion is new economic growth via creativity, via new recipes and new combinations of local capital, and via innovation centers. Combining these disparate literatures brings to center stage both clusters of arts and culture and concentrations of research and human capital development. Hence, the focus of this paper is to analyze the dual impacts of universities and arts districts on innovation and economic growth through employment in digital media. The results indicate that cultural districts have a consistently positive effect on local digital media economic activity—employment and innovation. The same cannot be said for research universities.
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    Crowdfunding in a not-so-flat world
    (Oxford, 2020-07) Breznitz, Shiri M; Noonan, Douglas S; School of Public and Environmental Affairs
    This article analyzes the geographic clustering of crowdfunding (CF) activity across two countries at the city level. We find that the ability of Kickstarter projects to attract funding or backers is spikier than the simple number of projects, suggesting that while the locations of Kickstarter projects are not as clustered, projects that are able to recruit funding are clustering. In addition, we find that digital media (DM) projects cluster more than Local projects. Yet, once we control for the pre-existing geographic distribution of population and economic activity, we find more complex patterns of geographic clustering. The spatial clustering of total Kickstarter funds raised is largely explained by the population and economic activity controls. Conditional on those controls, funds raised for DM projects do spatially cluster, while funds raised for Local projects exhibit significant dispersion. Funding and number of backers cluster for DM projects, above and beyond the prior concentration of socioeconomic and employment factors. Conversely, our results suggest CF can reduce or flatten the spikiness of fundraising for local projects. The world was already spiky, and it is a bit less so thanks to CF platforms like Kickstarter.