The US is a breeding ground for startups, and California has been the center of that universe since the dot-com boom in the late 1990s. But rising costs, tighter quarters, and increasing bureaucracy have many tech innovators seeking greener pastures, well beyond Silicon Valley. Princeton University’s Swati Bhatt has been studying the evolution of America’s startup boom in recent years and has uncovered a surprising trend toward rural communities, better known for raising cattle than for high-tech infrastructure. In this podcast, Bhatt talks to journalist Rhoda Metcalfe about these new entrepreneurs opting for a different lifestyle. Transcript
Read the article in the IMF's Finance & Development magazine
International Monetary Fund
Bruce Edwards produces the IMF podcast program. He's an award-winning audio producer and journalist who's covered armed conflicts, social unrest, and natural disasters from all corners of the world. He believes economists have an important role in solving the world's problems and aspires to showcase their research in every IMF podcast.
RHODA METCALFE is an independent journalist and audio producer.