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R&D Strategy, Metropolitan Externalities and Productivity: Evidence from Sweden
| Content Provider | Scilit |
|---|---|
| Author | Lööf, Hans Johansson, Börje |
| Copyright Year | 2014 |
| Description | Journal: Industry and Innovation This paper studies the influence of metropolitan externalities on productivity for different types of long-run R&D engagement based on information from the Community Innovation Survey. We apply a dynamic general method of moments model to a panel of manufacturing and service firms with different locations in Sweden, classified as a metropolitan region, the largest metropolitan region, a metropolitan city, the largest metropolitan city and a nonmetropolitan area. This analysis generates three distinct results. First, the productivity premium associated with persistent R&D is close to 8 per cent in nonmetro locations and about 14 per cent in the largest city. Second, a firm without any R&D engagement does not benefit at all from the external milieu in metro areas. Third, no productivity premium is associated with occasional R&D effort regardless of the firm's location. |
| Related Links | http://kth.diva-portal.org/smash/get/diva2:714049/FULLTEXT01 |
| Ending Page | 154 |
| Page Count | 14 |
| Starting Page | 141 |
| ISSN | 13662716 |
| e-ISSN | 14698390 |
| DOI | 10.1080/13662716.2014.896600 |
| Journal | Industry and Innovation |
| Issue Number | 2 |
| Volume Number | 21 |
| Language | English |
| Publisher | Informa UK Limited |
| Publisher Date | 2014-02-17 |
| Access Restriction | Open |
| Subject Keyword | Journal: Industry and Innovation Urban and Regional Planning Innovation Strategy Productivity Metropolitan Externalities |
| Content Type | Text |
| Subject | Management of Technology and Innovation |
