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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

The Perils of the Learning Model For Modeling Endogenous Technological Change

Nordhaus, William D. - National Bureau of Economic Research (NBER) - 2009

Learning or experience curves are widely used to estimate cost functions in manufacturing modeling. They have recently been introduced in policy models of energy and global warming economics to make the process of technological change endogenous. It is not widely appreciated that this is a...

Persistent link: https://www.econbiz.de/10005714033

New Data and Output Concepts for Understanding Productivity Trends

Nordhaus, William D. - National Bureau of Economic Research (NBER) - 2001

The present study is the second is a series of three papers devoted to issues in the measurement of productivity and productivity growth. The contributions of the present paper are three. First, it introduces a new approach to measuring industrial productivity based on income-side data that are...

Persistent link: https://www.econbiz.de/10005718324

Alternative Methods for Measuring Productivity Growth

Nordhaus, William D. - National Bureau of Economic Research (NBER) - 2001

The present study is a contribution to the theory of the measurement of productivity growth. First, it examines the welfare-theoretic basis for measuring productivity growth and shows that the ideal welfare-theoretic measure is a chain index of productivity growth rates of different sectors...

Persistent link: https://www.econbiz.de/10005829915

Productivity Growth and the New Economy

Nordhaus, William D. - National Bureau of Economic Research (NBER) - 2001

The present study is the third in a series of three papers devoted to issues in the measurement of productivity and productivity growth. The major findings are as follows. First, this study shows that the new data set used here, which develops data on total output, business sector output, and...

Persistent link: https://www.econbiz.de/10005088749

Baumol's Diseases: A Macroeconomic Perspective

Nordhaus, William D. - National Bureau of Economic Research (NBER) - 2006

William Baumol and his co-authors have analyzed the impact of differential productivity growth on the health of different sectors and on the overall economy. They argued that technologically stagnant sectors experience above average cost and price increases, take a rising share of national...

Persistent link: https://www.econbiz.de/10005049915