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Agglomeration and Innovation

Gerald Carlino () and William Kerr ()

Chapter Chapter 6 in Handbook of Regional and Urban Economics, 2015, vol. 5, pp 349-404 from Elsevier

Abstract: This chapter reviews academic research on the connections between agglomeration and innovation. We first describe the conceptual distinctions between invention and innovation. We then discuss how these factors are frequently measured in the data and note some resulting empirical regularities. Innovative activity tends to be more concentrated than industrial activity, and we discuss important findings from the literature about why this is so. We highlight the traits of cities (e.g., size and industrial diversity) that theoretical and empirical work links to innovation, and we discuss factors that help sustain these features (e.g., the localization of entrepreneurial finance).

Keywords: Agglomeration; Clusters; Innovation; Invention; Entrepreneurship; J2; J6; L1; L2; L6; O3; R1; R3 (search for similar items in EconPapers)
Date: 2015
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Working Paper: Agglomeration and innovation (2015) Downloads
Working Paper: Agglomeration and innovation (2014) Downloads
Working Paper: Agglomeration and Innovation (2014) Downloads
Working Paper: Agglomeration and Innovation (2014) Downloads
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