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 …

Scientific knowledge is believed to be the wellspring of innovation. Historically, firms have also invested in research … to fuel innovation and growth. In this paper, we document a shift away from scientific research by large corporations … innovation. Large firms appear to value the golden eggs of science (as reflected in patents) but not the golden goose itself (the …

This paper analyses the relationship between past innovation output, competition, and future innovation input in a … results for both countries. Innovation output in t-1 as measured by the sales share of innovative products is positively …

as reduced remuneration and job loss. However, managers might over-invest into innovation for reasons of growth implying … their own interests. When entrenched, managers do not fear detrimental effects of risky innovation projects on their career …, and hence tend to over-invest into innovation …

Recent years have shown a surge of firms globalising their innovation activities in order to gain from international … stronger dispersed international R&D activities hamper or stimulate innovation. Second, we employ two well-established market …-based indicators for innovation (introduction of and sales growth rates due to new products) instead of looking at inventions (patents …

Knowledge spillovers to competitors are regarded as an important aspect of the innovation process. While a company …

distributed globally. Firms' innovation activities which are carried out abroad comprise either the localization of uniform … paper is to show how internal firm capabilities as well as external forces from the firm’s business and national innovation … environment impact on the firm's decision to carry out different innovation activities abroad. The analysis is based on around …