Spatial Clustering of the U.S. Biotech Industry

Pramod R. Sambidi and R Wes Harrison ()

No 21360, 2006 Annual meeting, July 23-26, Long Beach, CA from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The study develops a county-level spatial tobit model that analyzes factors affecting site-selection of the U.S. biotech industry. The hypothesis of spatial agglomeration economies is confirmed for the spatial structure of the biotech industry, indicating that biotech firms are positively correlated across counties, resulting in clustering of biotech production.

Keywords: Research; and; Development/Tech; Change/Emerging; Technologies (search for similar items in EconPapers)
Pages: 35
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea06:21360

DOI: 10.22004/ag.econ.21360

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