kaal:claim:3002908-032

Raw country level counts overstate American leadership: normalizing by population shows roughly 7.5 million people per blockchain fund in the United States against roughly 2.8 million in the United Kingdom, so the distribution across countries is more even than the map suggests.

Source quote, verbatim

Although the map suggests that the United States is heavily invested in blockchain, in comparison with other countries we see a more even distribution between countries than the map would suggest.

From

Wulf A. Kaal, Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and (2017), V. Data, p. 29
https://ssrn.com/abstract=3002908 · source PDF

Cite as

Wulf A. Kaal, Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and (2017). SSRN: https://ssrn.com/abstract=3002908

Holds when

43 US funds against a population of roughly 321 million; 23 UK funds against roughly 65 million

Classification

empiricalsupport: evidencedfailure: unnormalized-country-comparisonfamily: measurement-and-metric-failureresearch-methods

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