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Carlino, Gerald; Kerr, William R. - National Bureau of Economic Research (NBER) - 2014

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 …

Persistent link: https://www.econbiz.de/10010885295

Local Industrial Conditions and Entrepreneurship: How Much of the Spatial Distribution Can We Explain?

Glaeser, Edward Ludwig; Kerr, William R. - National Bureau of Economic Research (NBER) - 2008

Why are some places more entrepreneurial than others? We use Census Bureau data to study local determinants of manufacturing startups across cities and industries. Demographics have limited explanatory power. Overall levels of local customers and suppliers are only modestly important, but new...

Persistent link: https://www.econbiz.de/10005714042

Clusters of Entrepreneurship

Glaeser, Edward Ludwig; Ponzetto, Giacomo A. M.; Kerr, … - National Bureau of Economic Research (NBER) - 2009

Employment growth is strongly predicted by smaller average establishment size, both across cities and across industries within cities, but there is little consensus on why this relationship exists. Traditional economic explanations emphasize factors that reduce entry costs or raise...

Persistent link: https://www.econbiz.de/10008548787

Agglomerative Forces and Cluster Shapes

Kerr, William R.; Kominers, Scott Duke - National Bureau of Economic Research (NBER) - 2010

We model spatial clusters of similar firms. Our model highlights how agglomerative forces lead to localized, individual connections among firms, while interaction costs generate a defined distance over which attraction forces operate. Overlapping firm interactions yield agglomeration clusters...

Persistent link: https://www.econbiz.de/10008777358

Entrepreneurship and Urban Growth: An Empirical Assessment with Historical Mines

Glaeser, Edward Ludwig; Kerr, Sari Pekkala; Kerr, William R. - National Bureau of Economic Research (NBER) - 2012

Measures of entrepreneurship, such as average establishment size and the prevalence of start-ups, correlate strongly with employment growth across and within metropolitan areas, but the endogeneity of these measures bedevils interpretation. Chinitz (1961) hypothesized that coal mines near...

Persistent link: https://www.econbiz.de/10010821933

Breakthrough Inventions and Migrating Clusters of Innovation

Kerr, William R. - National Bureau of Economic Research (NBER) - 2009

We investigate the speed at which clusters of invention for a technology migrate spatially following breakthrough inventions. We identify breakthrough inventions as the top one percent of US inventions for a technology during 1975-1984 in terms of subsequent citations. Patenting growth is...

Persistent link: https://www.econbiz.de/10008614946

Selection and Market Reallocation: Productivity Gains from Multinational Production

Alfaro, Laura; Chen, Maggie - National Bureau of Economic Research (NBER) - 2012

Assessing the productivity gains from multinational production has been a vital topic of economic research. Positive aggregate productivity gains are often attributed to within-firm productivity improvement; however, an alternative, less emphasized explanation is between-firm selection and...

Persistent link: https://www.econbiz.de/10011250949

Why Doesn't Capital Flow from Rich to Poor Countries? An Empirical Investigation

Alfaro, Laura; Kalemli-Ozcan, Sebnem; Volosovych, Vadym - National Bureau of Economic Research (NBER) - 2005

We examine the empirical role of different explanations for the lack of flows of capital from rich to poor countries the "Lucas Paradox." The theoretical explanations include differences in fundamentals across countries and capital market imperfections. We show that during 1970-2000 low...

Persistent link: https://www.econbiz.de/10005084924

Sovereigns, Upstream Capital Flows, and Global Imbalances

Alfaro, Laura; Kalemli-Ozcan, Sebnem; Volosovych, Vadym - National Bureau of Economic Research (NBER) - 2011

We construct measures of net private and public capital flows for a large cross-section of developing countries considering both creditor and debtor side of the international debt transactions. Using these measures, we demonstrate that sovereign-to-sovereign transactions account for upstream...

Persistent link: https://www.econbiz.de/10009278239

From Russia with Love: The Impact of Relocated Firms on Incumbent Survival

Falck, Oliver; Guenther, Christina; Heblich, Stephan; … - National Bureau of Economic Research (NBER) - 2010

We identify the impact of local firm concentration on incumbent performance with a quasi natural experiment. When Germany was divided after World War II, many firms in the machine tool industry fled the Soviet occupied zone to prevent expropriation. We show that the regional location decisions...

Persistent link: https://www.econbiz.de/10008628324