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

Regional Studies, 2012, vol. 46, issue 9, 1107-1119

Abstract: Lecocq C., Leten B., Kusters J. and van Looy B. Do firms benefit from being present in multiple technology clusters? An assessment of the technological performance of biopharmaceutical firms, Regional Studies . Firms active in knowledge-intensive fields are increasingly organizing their research and development activities on an international scale. This paper investigates whether firms active in biotechnology can improve their technological performance by developing research and development activities in multiple technology clusters. Regions in Europe, Japan and the United States, characterized by a critical mass in terms of technological activity within biotechnology, are identified as clusters. Fixed-effect panel data analyses with fifty-nine biopharmaceutical firms (for the period 1995--2002) provide 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.

Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
http://hdl.handle.net/10.1080/00343404.2011.552494 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Do Firms Benefit from Being Present in Multiple Technology Clusters? An Assessment of the Technological Performance of Biopharmaceutical Firms (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:regstd:v:46:y:2012:i:9:p:1107-1119

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/CRES20

DOI: 10.1080/00343404.2011.552494

Access Statistics for this article

Regional Studies is currently edited by Ivan Turok

More articles in Regional Studies from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().