Are Local Milieus the Key to Innovation Performance?

Dirk Czarnitzki and Hanna L. Binz

No 08-008, ZEW Discussion Papers from ZEW - Leibniz Centre for European Economic Research

Abstract: This study investigates how local milieus foster innovation success of firms. We complement the common practice of linking firm performance indicators to regional characteristics with survey evidence on the perceived importance of locational factors. While the former approach assumes that location characteristics affect all firms in the same way, the survey allows us to model firms judging the attractiveness of locations by a heterogeneous set of criteria. It turns out that the availability of highly skilled labor and the proximity to suppliers matters for firms? innovation performance. Interestingly, location factors obtained from the survey provide a more accurate explanation on how local milieus facilitate innovation.

Keywords: Innovation performance; R&D; location factors; Flanders (search for similar items in EconPapers)
JEL-codes: O31 O38 (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-ipr, nep-pr~, nep-mic and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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https://www.econstor.eu/bitstream/10419/24678/1/dp08008.pdf (application/pdf)

Related works:
Journal Article: ARE LOCAL MILIEUS THE KEY TO INNOVATION PERFORMANCE?* (2009)
Working Paper: Are Local Milieus the Key to Innovation Performance? (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:zewdip:7019

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