No inventor is an island: Social connectedness and the geography of knowledge flows in the US
Andreas Diemer and
Tanner Regan
Research Policy, 2022, vol. 51, issue 2
Abstract:
Do informal social ties connecting inventors across distant places promote knowledge flows between them? To measure informal ties, we use a new and direct index of social connectedness of regions based on aggregate Facebook friendships. We use a well-established identification strategy that relies on matching inventor citations with citations from examiners. Moreover, we isolate the specific effect of informal connections, above and beyond formal professional ties (co-inventor networks) and geographic proximity. We identify a significant and robust effect of informal ties on patent citations. Further, we find that the effect of geographic proximity on knowledge flows is entirely explained by informal social ties and professional networks. We also show that the effect of informal social ties on knowledge flows is greater for new entrepreneurs or ‘garage inventors’, for older or ‘forgotten’ patents, and for flows across distant technology fields. It has also become increasingly important over the last two decades.
Keywords: Knowledge flows; Diffusion; Social connectedness; Informal networks (search for similar items in EconPapers)
JEL-codes: O33 R12 Z13 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (12)
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Related works:
Working Paper: No inventor is an island: social connectedness and the geography of knowledge flows in the US (2022) 
Working Paper: No inventor is an island: social connectedness and the geography of knowledge flows in the US (2020) 
Working Paper: No inventor is an island: social connectedness and the geography of knowledge flows in the US (2020) 
Working Paper: No inventor is an island: social connectedness and the geography of knowledge flows in the US (2020) 
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Persistent link: https://EconPapers.repec.org/RePEc:eee:respol:v:51:y:2022:i:2:s0048733321002110
DOI: 10.1016/j.respol.2021.104416
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