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- Lööf, Hans, 1956-, et al.
(författare)
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R&D Strategy, Metropolitan Externalities and Productivity : Evidence from Sweden
- 2014
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Ingår i: Industry and Innovation. - London : Informa UK Limited. - 1366-2716 .- 1469-8390. ; 21:2, s. 141-154
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Tidskriftsartikel (refereegranskat)abstract
- 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.
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