Comparative Localization of Academic and Industrial Spillovers

No 8292, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper studies localization of academic and industrial knowledge spillovers. Using data on U.S. Research and Development laboratories, that quantify spatial aspects of learning about universities and firms as well as their locations, I find that academic spillovers are more localized than industrial spillovers. I also find that localization is increased by nearby stocks of R&D, but reduced by laboratory and firm size. These results on localized academic spillovers reflect open science and the industry-university cooperative movement, which encourage firms to work with local universities, so that localization coincides with the public goods nature of science. This situation contrasts with relations to other firms, where contractual arrangements are needed to access proprietary information, often at a considerable distance.

JEL-codes: O31 O33 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dev
Date: Written 2001-05
Note: PR
View citations in EconPapers

Downloads: (external link)
http://www.nber.org/papers/w8292.pdf (application/pdf)
Access to the full text is generally limited to series subscribers, however if the top level domain of the client browser is in a developing country or transition economy free access is provided. More information about subscriptions and free access is available at http://www.nber.org/wwphelp.html.

Related works:
Journal Article: Comparative localization of academic and industrial spillovers (2002)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w8292
The price is Paper copy available by mail.

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc
Address: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.
Contact information at EDIRC.
Series data maintained by ().