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The global geography of investment in emerging technologies: the case of blockchain firms

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  • Martin Holicka
  • Tara Vinodrai

Abstract

Scholars have long been interested in where new technologies and industries emerge. This regional graphic examines the emergence of one such technology: blockchain. We developed a global database of blockchain firms, as well as capturing investment rounds at the firm level, using Crunchbase, a well-accepted source of information on technology firms. We geocoded the dataset and created original network data at the city-region level to capture investment interactions. We find that blockchain firms are located in cities around the world. However, firms receiving investments are concentrated in a small number of global city-regions, with Silicon Valley, New York, Singapore, London, and Beijing accounting for half of all investments. Moreover, there appear to be supra-regional networks, suggesting that new technology firms continue to concentrate in a handful of interconnected world cities.

Suggested Citation

  • Martin Holicka & Tara Vinodrai, 2022. "The global geography of investment in emerging technologies: the case of blockchain firms," Regional Studies, Regional Science, Taylor & Francis Journals, vol. 9(1), pages 177-179, December.
    • Handle: RePEc:taf:rsrsxx:v:9:y:2022:i:1:p:177-179
    DOI: 10.1080/21681376.2022.2047769
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