What’s Driving Superstar Companies, Industries, and Cities
OCTOBER 25, 2018
The debate about superstar firms and superstar effects has been intensifying, partly in response to the rapid growth of global US tech companies. We define superstar to mean a firm, sector, or city that has a substantially greater share of income than peers and is pulling away from those peers over time. We analyzed nearly 6,000 of the world’s largest public and private firms with annual revenues above $1 billion. counties, which account for 90% of GDP in that sector.