Tech clusters like Silicon Valley play a central role for modern innovation, business competitiveness, and economic … performance. This paper reviews what constitutes a tech cluster, how they function internally, and the degree to which policy …

agglomeration of US innovation. This study applies an ethnic-name database to individual US patent records to explore these trends …

This chapter reviews academic research on the connections between agglomeration and innovation. We first describe the … conceptual distinctions between invention and innovation. We then describe how these factors are frequently measured in the data …, industrial diversity) that theoretical and empirical work link to innovation, and we discuss factors that help sustain these …

This paper reviews recent academic work on the spatial concentration of entrepreneurship and innovation in the United … identify and discuss policies that are being pursued in the United States to encourage local entrepreneurship and innovation …

through their parent firms' networks of innovating plants. Cross-cluster innovation spillovers do not depend on the physical … that features both within- and cross-cluster innovation spillovers. Based on our model, we derive a sufficient statistic … productive but also raise the productivity of inventors and plants in other clusters, which are connected to the focal cluster …

-frequency trading. The robust conclusion is that private innovation incentives are much smaller than the social incentives, especially …

Though fundamental to innovation and essential to many industries and occupations, individual creativity has received … for the management of creative workers and for the implementation of competitive procurement mechanisms for innovation …

We study why high-priced acquisitions of entrants by an incumbent do not necessarily stimulate more innovation and …

from China impact U.S. innovation through the markets for innovation and existing products. We identify shocks to … innovation competition using the geography of Chinese internet penetration and Chinese import data. Increases in the ability of …