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Richard Florida in CityLab on the intersection of urbanization and globalization, citing data from Brookings:

Globalization might make us feel small in a growing world, but the lessons of urbanization should remind us how much more powerful we can be when we get connected. Together, these 123 global cities power global competitiveness. They generate a third of global economic output, account for nearly two-thirds of all innovations (based on patents), and represent more than 80 percent of all venture-capital investment in high-tech startups, while housing just 13 percent of the world’s population.

h/t Brent Storms