期刊
JOURNAL OF BUSINESS RESEARCH
卷 130, 期 -, 页码 70-85出版社
ELSEVIER SCIENCE INC
DOI: 10.1016/j.jbusres.2021.02.055
关键词
Place Brands; Cities; Tech Growth; Latent Dirichlet Allocation
类别
This study examines the relationship between place brands in U.S. cities and high-technology industry growth, identifying five dimensions of place brands. Among these dimensions, Vibrancy has been found to be the most effective in attracting tech investment and driving growth.
This study examines place brands in U.S. cities and their relationship to high-technology industry growth from 2010 through 2016. It uses latent Dirichlet allocation (LDA) to measure the multiple dimensions of place brands manifesting in travel guide descriptions in over 100 U.S. cities. Findings highlight five dimensions of cities' place brands: Revitalization, Gastro Hubs, Local Centers, Vibrancy, and History and the Arts. Cities with a more prominent place brand of Vibrancy have experienced more growth in both tech employment and tech establishments from 2010 through 2016. This study has three major contributions. First, it illustrates the value of LDA in comparative research on place brands. Second, it suggests that cities' place brands are dynamic combinations of five dimensions which collectively produce a unique local brand. Third, the study suggests that Vibrancy is the most effective place brand dimension in attracting tech investment and fostering growth.
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