Authors: Jihye Kang*, Portland State University
Topics: Economic Geography, Urban Geography
Keywords: Agglomeration economy, human capital, location decision, high-growth firms, consumption amenities
Session Type: Poster
Start / End Time: 3:20 PM / 4:35 PM
Room: Virtual Track 3
Presentation File: No File Uploaded
In the field of economic geography, scholars have long been studying where and how agglomeration occurs, and the importance of direct and indirect channels of spillover in the agglomeration economy. This study largely focuses on the spillover effect of human capital examining the role of consumption amenities: coffee shops, bars, restaurants, hotels, and convention centers, studied as third place in the existing literature. The purpose of this paper is to look at the availability of the consumption amenities where high-growth companies are concentrated. As the first step, the kernel density analysis will be conducted to identify where consumption amenities (coffee houses, casual dining restaurants, bars, and hotels) create hot spots in Portland, OR. By geocoding high-growth firms listed in Inc. 5000, scatter plots will be produced to see the trend of how the distribution of consumption amenities and high-growth firms are related. The study provides a preliminary analysis of the spatial patterns of consumption amenities in explaining the mechanism of how human’s knowledge and ideas along with a certain space can produce economic outputs, and thus contribute to increase in regional income and employment.