The role of interregional and inter-sectoral knowledge spillovers on regional knowledge creation across US metropolitan counties
Orsa Kekezi,
Sandy Dall’erba and
Dongwoo Kang
Spatial Economic Analysis, 2022, vol. 17, issue 3, 291-310
Abstract:
This paper relies on a regional knowledge production function to examine the heterogeneous determinants of knowledge creation across five US manufacturing sectors and 853 metropolitan counties over the period 2001–08. Using a Tobit model with state fixed effects, the results indicate that local intra- and inter-sectoral research and development (R&D) investments by the private sector as well as university R&D play a key role in knowledge creation across all sectors under study. We also find that the role of short- versus long-distance interregional spillovers on knowledge creation varies greatly across sectors. These key features improve the design of future local and national innovation policies.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:taf:specan:v:17:y:2022:i:3:p:291-310
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DOI: 10.1080/17421772.2022.2045344
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