Starbucks & Magic Johnson opening stores in neighborhoods showed positive impacts on local business.

Watch the full episode here: https://youtu.be/xWvdmPIvNAw
Steven Davis interviews Professor Jorge Guzman about the effects of coffee shops on business startups. Starbucks and other sit-down coffee shops offer social spaces where people can converse, exchange ideas, and build trust. In his recent research, Guzman investigates whether and when this networking aspect of coffee shops leads to more business formation in the local neighborhood. Tune in for an assessment of his evidence and discussion of its implications for urban planning and how to strengthen local communities.