R&D, Socio-Economic Conditions and Regional Innovation in the United States

Rodríguez-Pose, Andrés and Riccardo Crescenzi
Authors registered in the RePEc Author Service: Andrés Rodríguez-Pose

No 9265, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: This paper looks at the genesis of innovation in the United States from a territorial perspective. The analysis aims to disentangle the impact of local R&D expenditure from other contextual conditions supportive of the process of innovation. Particular emphasis is devoted to the role of socio-economic factors and systems of innovation conditions (?social filter? conditions) and to their impact on the returns of R&D expenditure in different territorial contexts. The empirical analysis is based on a Regional Knowledge Production Function approach, leading to an empirical model estimated by means of panel data analysis for the period between 1994 and 2007 at the US Bureau of Economic Analysis (BEA)-Economic Area level. The results unveil the complexity of the territorial dynamics of innovation of the US. Local R&D investments are important predictors for regional innovative performance and their impact is highly localized. However, social filter conditions are fundamental for the productivity of innovation efforts.

Keywords: Innovation; R&; d; Socioeconomic conditions; Systems of innovation; United states (search for similar items in EconPapers)
JEL-codes: O32 O33 R11 R12 (search for similar items in EconPapers)
Date: 2012-12
New Economics Papers: this item is included in nep-ino, nep-knm, nep-sbm and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://cepr.org/publications/DP9265 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
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:cpr:ceprdp:9265

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP9265

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().