The sociocultural sources of urban buzz

Abstract

Cities have become playgrounds for competitive behaviour and rapid economic dynamics. However, in many cities (or urban agglomerations) economic growth is mainly manifested in specific geographic areas, where creative people and innovative entrepreneurs are located. In this paper we offer first the conceptual and operational foundation for analyzing this so-called ‘urban buzz’ and its interlinked primary drivers. We next develop an analytical framework for testing the buzz hypothesis, with a special reference to the importance of social bonds and networks in Amsterdam. In our empirical analysis we use a unique dataset on social network connectivity and spatial concentration in a city, based on location-sharing services through the use of Foursquare data. Our urban buzz model shows clearly that buzz and socioeconomic (cultural) diversity are closely connected phenomena.