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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

Firms and the Economics of Skilled Immigration

Kerr, Sari Pekkala; Kerr, William R.; Lincoln, William F. - National Bureau of Economic Research (NBER) - 2014

to fostering innovation. …

Persistent link: https://www.econbiz.de/10010969384

Ethnic Innovation and U.S. Multinational Firm Activity

Foley, C. Fritz; Kerr, William R. - National Bureau of Economic Research (NBER) - 2011

indicate that increases in the share of a firm's innovation performed by inventors of a particular ethnicity are associated …

Persistent link: https://www.econbiz.de/10009251495

Innovation, Reallocation and Growth

Acemoglu, Daron; bloom, nicholas; Akcigit, Ufuk; Kerr, … - National Bureau of Economic Research (NBER) - 2013

We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …

Persistent link: https://www.econbiz.de/10010641727

Skilled Immigration and the Employment Structures of U.S. Firms

Kerr, Sari Pekkala; Kerr, William R.; Lincoln, William F. - National Bureau of Economic Research (NBER) - 2013

We study the impact of skilled immigrants on the employment structures of U.S. firms using matched employer-employee data. Unlike most previous work, we use the firm as the lens of analysis to account for a greater level of heterogeneity and the fact that many skilled immigrant admissions are...

Persistent link: https://www.econbiz.de/10010821656

Labor Regulations and European Private Equity

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

European nations substitute between employment protection regulations and labor market expenditures (e.g., unemployment insurance benefits) for providing worker insurance. Employment regulations more directly tax firms making frequent labor adjustments than other labor insurance mechanisms....

Persistent link: https://www.econbiz.de/10008624615

Financing Innovation

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

related to innovation. We highlight the new literature on learning and experimentation across multi-stage innovation projects …We review the recent literature on the financing of innovation, inclusive of large companies and new startups. This … innovation and changing external conditions, especially reduced experimentation costs. …

Persistent link: https://www.econbiz.de/10011071740