The Influence of Geographic Clusters and Knowledge Spillovers on the Product Innovation Activities of New Ventures

Brett Anitra Gilbert and Mika Tatum Kusar

Papers on Entrepreneurship, Growth and Public Policy from Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group

Abstract: Geographic clusters have an impressive track record for producing innovative firms. In this research, we examine whether a geographic cluster location and the knowledge spillovers new ventures assimilate influence both their explorative and exploitative innovation activities. We hypothesize a stronger relationship of industry clustering on exploitative innovations but a stronger relationship of knowledge spillovers on explorative innovations. We expect the interaction will result in more exploitative innovations than explorative innovations. The data support most hypotheses.

Pages: 29 pages
Date: 2006-05
New Economics Papers: this item is included in nep-ent, nep-geo, nep-ino, nep-tid and nep-ure
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:esi:egpdis:2006-16

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