Venture capital is the fuel that powers America’s innovation economy, propelling high-tech, high-growth companies from Apple to Uber. Suburban corporate campuses and office parks have long been the world’s leading centers for venture capital investment. But that is changing, according to research I have been conducting with my colleague Karen King and Martin Prosperity Institute research team.
Using new, more fine-grained data from Thomson Reuters, recently we were able to identify venture capital investments in startup companies across the U.S. in far greater detail than in previous studies. Today, I summarize the key findings of our latest report, which tracks venture capital investment and startup activity across U.S. metros.