Political Economy with Jim Pethokoukis

Political Economy with Jim Pethokoukis


Nicholas Bloom: Do innovation hubs work?

September 02, 2021

Today local governments compete to host growing companies in the hope that the opportunities they create will revitalize their home cities. But how much do these urban areas benefit from local innovations? And what changes should we expect given recent increases in working from home? Nicholas Bloom joins the podcast to discuss these questions and more.
Nick is the William Eberle Professor of Economics at Stanford University. This summer he co-authored, along with Tarek Hassan, Aakash Kalyani, Josh Lerner, and Ahmed Tahoun, the working paper “https://www.nber.org/papers/w28999 (The Diffusion of Disruptive Technologies).” In the spring, he and Jose Maria Berrero and Steven Davis released a working paper titled “https://www.nber.org/papers/w28731 (Why Working from Home Will Stick).”