Do Firms Benefit from Being Present in Multiple Technology Clusters? An Assessment of the Technological Performance of Biopharmaceutical Firms

Catherine Lecocq, Bart Leten (), Jeroen Kusters () and Bart Van Looy ()

No 1019, Papers in Evolutionary Economic Geography (PEEG) from Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography

Abstract: Firms active in knowledge-intensive fields are increasingly organizing their R&D activities on an international scale. This paper investigates whether firms active in biotechnology can improve their technological performance by developing R&D activities in multiple technology clusters. Regions in the US, Japan and Europe, that host a concentration of biotechnology activity are identified as clusters. Fixed-effect panel data analyses with 59 biopharmaceutical firms (period 1995-2002) provides evidence for a positive, albeit diminishing (inverted-U shape) relationship between the number of technology clusters in which a firm is present and its overall technological performance. This effect is distinct from a mere multi-location effect.

Keywords: region; clusters; biotechnology; technology clusters (search for similar items in EconPapers)
JEL-codes: O30 R12 R30 (search for similar items in EconPapers)
Pages: 40 pages
Date: 2010-12, Revised 2010-12
New Economics Papers: this item is included in nep-cse, nep-geo, nep-ino, nep-mic and nep-sbm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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http://econ.geo.uu.nl/peeg/peeg1019.pdf Version December 2010 (application/pdf)

Related works:
Journal Article: Do Firms Benefit from being Present in Multiple Technology Clusters? An Assessment of the Technological Performance of Biopharmaceutical Firms (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:egu:wpaper:1019

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