Showing 1 - 10 of 28,158
. 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
Evidence is presented which suggest that an important measure of the apparent geographic localization of R&D spillovers may be an artifact of industrial agglomeration. A production function framework is used to examine the role of geographic and technological proximity for inter-firm spillovers...
Persistent link: https://www.econbiz.de/10014088101
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
Tech clusters play a growing role in knowledge-based economies by accommodating high-tech firms and providing an environment that fosters location-dependent knowledge spillovers and promote R&D investments by firms. Yet, not much is known about the economic conditions under which such entities...
Persistent link: https://www.econbiz.de/10014632808
The diffusion of knowledge in the world generates positive externalities if knowledge flows increase the productivity … of R&D. Our work analyzes knowledge diffusion and knowledge externalities in generating innovation and in determining … significant positive externalities from existing knowledge …
Persistent link: https://www.econbiz.de/10013320378
The importance of innovation for the economic performance of industrialized countries has been largely stressed recently by the theoretical and empirical literature. Very few studies have carefully considered the determinants of European innovation, the productivity of its R&D and the existence...
Persistent link: https://www.econbiz.de/10014189286
Land use policy is administered at the local level in the U.S. However, many of the benefits and costs have broader spatial impacts. Thus, a lack of coordination across local jurisdictions may lead to unintended spillovers. Using historical data from the Baltimore, Maryland metro, we examine the...
Persistent link: https://www.econbiz.de/10012971081
Regions with high population agglomeration have always been important centers of growth throughout history. However, little is known about the economic spillovers an agglomerated region produces on its neighboring areas. In this paper, I look at the effect of growth of an agglomerated county on...
Persistent link: https://www.econbiz.de/10012904115
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