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Program for the Study of Midwest Markets and Entrepreneurship

Midwest labor, product and capital markets are atypically thin compared to markets on the east and west coasts. Agglomerations of customers, suppliers, and educated workers have been used to explain the century-long shift of population from rural to urban areas, the increasing concentration of patenting and entrepreneurship in cities, and the higher wages for urban than rural workers. As a result, studies of entrepreneurship, innovation, and economic growth have focused most on the experiences in cities.

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