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Stylized Facts in the Geography of Innovation

Maryann P. Feldman and Dieter Kogler ()

Chapter Chapter 8 in Handbook of the Economics of Innovation, 2010, vol. 1, pp 381-410 from Elsevier

Abstract: The geography of innovation describes the importance of proximity and location to innovative activity. As part of what has been termed the new economic geography, this area of research is less than 20years old, and is now developed sufficiently so that the discussion can be organized around certain stylized and commonly accepted facts:•Innovation is spatially concentrated.•Geography provides a platform to organize economic activity.•All places are not equal: urbanization, localization, and diversity.•Knowledge spillovers are geographically localized.•Knowledge spillovers are nuanced, subtle, pervasive, and not easily amenable to measurement.•Local universities are necessary but not sufficient for innovation.•Innovation benefits from local buzz and global pipelines.•Places are defined over time by an evolutionary process.

Keywords: agglomeration economies; geography of innovation; knowledge spillovers; localization; new economic geography; urbanization (search for similar items in EconPapers)
JEL-codes: A33 O11 O18 O31 O33 R11 (search for similar items in EconPapers)
Date: 2010
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DOI: 10.1016/S0169-7218(10)01008-7

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