Spillovers in Space: Does Geography Matter?

被引:69
作者
Lychagin, Sergey [1 ]
Pinkse, Joris [2 ]
Slade, Margaret E. [3 ]
Van Reenen, John [4 ,5 ,6 ]
机构
[1] Cent European Univ, Dept Econ, Budapest, Hungary
[2] Penn State Univ, Dept Econ, Ctr Auct Procurements & Competit Policy, University Pk, PA 16802 USA
[3] Univ British Columbia, Vancouver Sch Econ, Vancouver, BC V5Z 1M9, Canada
[4] London Sch Econ, Dept Econ, Ctr Econ Performance, London WC2A 2AE, England
[5] CEPR, London, England
[6] NBER, London, England
基金
英国经济与社会研究理事会;
关键词
RESEARCH-AND-DEVELOPMENT; KNOWLEDGE SPILLOVERS; TECHNOLOGY FLOWS; PANEL-DATA; PRODUCTIVITY; LOCALIZATION; INFORMATION; LABOR; FIRMS; SPECIFICATION;
D O I
10.1111/joie.12103
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Using U.S. firm level panel data we simultaneously assess the contributions to productivity of three potential sources of research and development spillovers: geographic, technological, and product market (horizontal). To do so, we construct new measures of geographic proximity based on the distribution of a firm's inventor locations as well as its headquarters. We find that geographic location is important for productivity, as are technology (but not product) spillovers, and that both intra and inter-regional (counties) spillovers matter. The geographic location of a firm's researchers is more important than its headquarters. These benefits may be the reason why local policy makers compete so hard for the location of local R&D labs and high tech workers.
引用
收藏
页码:295 / 335
页数:41
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