“…Following Andrews and Whalley (
2021), we measure concentration using Ellison and Glaeser's (
1997) “dartboard approach.” This consists in calculating an index of the spatial concentration of innovation intensity by comparing the observed spatial distribution of patents to what it would have been if it was proportional to population distribution 7 . In particular, for each year t and all MSAs n ∈ N , our dartboard innovation intensity concentration index is
where SharePat nt and SharePop nt are, respectively, the shares of patents granted and of population living in area n in year t .…”