Innovation, Metropolitan and Productivity
Hans Lööf () and
Börje Johansson
No 260, Working Paper Series in Economics and Institutions of Innovation from Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies
Abstract:
This paper assesses the contribution to productivity of firms’ internal innovation efforts and spatially-specific factors. A dynamic GMM-estimator is applied to a panel of close to 3,000 firms located in 81 Swedish regions and observed over a 10-year period. The magnitude of benefits from the knowledge milieu of an agglomeration is sizeable, but varies between firms depending on their particular R&D-strategy and location within a metropolitan region.
Keywords: R&D; innovation-strategy; productivity; metropolitan; externalities (search for similar items in EconPapers)
JEL-codes: C23 O31 O32 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2011-10-27
New Economics Papers: this item is included in nep-cse, nep-eff, nep-ino, nep-knm, nep-sbm and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:cesisp:0260
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