Diversity & Inclusion
Entrepreneurs / Resources / Social media / Startups

Can Twitter give us more information on where entrepreneurship is happening?

That's what a recent study (and an article about it in CityLab) explores.

Osage Venture Partners is looking to Washington, D.C. for deals. (Photo by Flickr user @ricricciardi, used under a Creative Commons license)

We’ve previously bemoaned the difficulty of getting good data on how and why entrepreneurship ecosystems flourish (or don’t). While many cities around the country are trying to create environments that encourage entrepreneurs to get started, figuring out how to measure the success of these attempts can be challenging. Do you look at the number of new startups? Coworking spaces? Incubators? Small businesses? Something else entirely?

A recent study uses data from Twitter to show “entrepreneurial networks” across the U.S.

It works like this: Over a period of 18 months the researchers collected tweets from people who self-identified as entrepreneurs and who tweeted or retweeted the hashtags #entrepreneur and #smallbiz. They then looked at where these users are based, who they interact with on Twitter and where those users are based to unveil a “network” of Twitter-using American entrepreneurs.

It’s not a perfect measure, of course — entrepreneurs that don’t use Twitter are completely left out of this kind of analysis, for example. But it’s interesting nonetheless to see where lots of entrepreneurship-related Twitter activity is happening, and which of these “hubs” (so to speak) are interacting most with each other. Fear not — D.C. is within the top 10 counties by retweets related to entrepreneurship. ?

CityLab has a full exploration of the paper, including some thoughts on how the online entrepreneurship community mirrors our actual physical divides IRL — read on here.

Engagement

Join the conversation!

Find news, events, jobs and people who share your interests on Technical.ly's open community Slack

Trending

DC daily roundup: April's biggest DMV funding stories; VCs head to Hill and Valley Forum; AI lobbying tripled

DC daily roundup: DMV innovation's movers and shakers; DDOT's social media troll; facial recognition tech at DCA and BWI

DC daily roundup: An athletic tech acquisition; a reflection on summer 2020's equity promises; data center taxes

DC daily roundup: Auxa Health's seed raise and Nasdaq shoutout; the $500M Tech Hubs race; TikTok ban's impact on the marginalized

Technically Media