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. Sectoral interactions are subject to spatially dependent transaction costs and (knowledge) spillover externalities. The paper … local innovation policy. -- Bid-rent ; Land Use ; R&D ; Externalities …
Persistent link: https://www.econbiz.de/10003898921
, we exploit techniques designed to estimate peer effects, and we find that the strength of investment externalities is …
Persistent link: https://www.econbiz.de/10012855075
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 and some resulting empirical regularities....
Persistent link: https://www.econbiz.de/10010411489
This paper reviews academic research on the connections between agglomeration and innovation. We first describe the conceptual distinctions between invention and innovation. We then discuss how these factors are frequently measured in the data and note some resulting empirical regularities....
Persistent link: https://www.econbiz.de/10012970480
This paper reviews academic research on the connections between agglomeration and innovation. The authors first describe the conceptual distinctions between invention and innovation. They then discuss how these factors are frequently measured in the data and note some resulting empirical...
Persistent link: https://www.econbiz.de/10013047600
recently by the theoretical and empirical literature. Moreover the intensity of knowledge externalities in generating … output to R&D employment is around 1, while knowledge externalities exist, are geographically localized in an area of 200 kms … and are significant. Nevertheless these externalities are not strong enough to generate sustained growth, and therefore …
Persistent link: https://www.econbiz.de/10013321122
We document large and persistent differences in the acquisitiveness of firms in the U.S. based on the location of their headquarters. We hypothesize and find evidence that local peer effects in M&A activity contribute to such persistence. Specifically, the acquisitiveness of non-dominant...
Persistent link: https://www.econbiz.de/10012859180
The paper examines the foreign direct investment (FDI) spillover effects in developing countries and investigates the importance of the absorptive capacity of a firm and a country in realizing and facilitating FDI spillover. It uses data obtained from the World Bank's Enterprise Surveys for 107...
Persistent link: https://www.econbiz.de/10013256474
We examine the foreign direct investment (FDI) spillover effects in developing countries and investigate the importance of the absorptive capacity of a firm and a country in realizing and facilitating FDI spillover. We use data obtained from the World Bank’s Enterprise Surveys for 107...
Persistent link: https://www.econbiz.de/10013492205
Persistent link: https://www.econbiz.de/10014322490