Place brands across U.S. cities and growth in local high-technology sectors

William J. Scarborough and Rowena Crabbe

Journal of Business Research, 2021, vol. 130, issue C, 70-85

Abstract: 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.

Keywords: Place Brands; Cities; Tech Growth; Latent Dirichlet Allocation (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:130:y:2021:i:c:p:70-85

DOI: 10.1016/j.jbusres.2021.02.055

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