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R&D Strategy, Metro...
R&D Strategy, Metropolitan Externalities and Productivity : Evidence from Sweden
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- Lööf, Hans, 1956- (author)
- KTH,Entreprenörskap och Innovation,Centrum för studier inom vetenskap och innovation, CESIS,Royal Institute of Technology, Centre of Excellence for Science and Innovation Studies, Stockholm, Sweden
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- Johansson, Börje (author)
- Lund University,Lunds universitet,Jönköping University,IHH, Economics, Finance and Statistics,CESIS,CIRCLE,Institutionen för designvetenskaper,Institutioner vid LTH,Lunds Tekniska Högskola,Department of Design Sciences,Departments at LTH,Faculty of Engineering, LTH
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(creator_code:org_t)
- 2014-03-25
- 2014
- English.
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In: Industry and Innovation. - London : Informa UK Limited. - 1366-2716 .- 1469-8390. ; 21:2, s. 141-154
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Abstract
Subject headings
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- 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.
Subject headings
- SAMHÄLLSVETENSKAP -- Annan samhällsvetenskap -- Tvärvetenskapliga studier inom samhällsvetenskap (hsv//swe)
- SOCIAL SCIENCES -- Other Social Sciences -- Social Sciences Interdisciplinary (hsv//eng)
Keyword
- R&D
- innovation strategy
- productivity
- metropolitan
- externalities
- innovation strategy
- productivity
- externalities
- metropolitan
Publication and Content Type
- ref (subject category)
- art (subject category)
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