Comparative Localization of Academic and Industrial Spillovers

James Adams

No 8292, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper studies localization of academic and industrial knowledge spillovers. Using data on U.S. Research and Development laboratories, that quantify spatial aspects of learning about universities and firms as well as their locations, I find that academic spillovers are more localized than industrial spillovers. I also find that localization is increased by nearby stocks of R&D, but reduced by laboratory and firm size. These results on localized academic spillovers reflect open science and the industry-university cooperative movement, which encourage firms to work with local universities, so that localization coincides with the public goods nature of science. This situation contrasts with relations to other firms, where contractual arrangements are needed to access proprietary information, often at a considerable distance.

JEL-codes: O31 O33 (search for similar items in EconPapers)
Date: 2001-05
New Economics Papers: this item is included in nep-dev
Note: PR
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Citations: View citations in EconPapers (37)

Published as James D. Adams, 2002. "Comparative localization of academic and industrial spillovers," Journal of Economic Geography, Oxford University Press, vol. 2(3), pages 253-278, July.

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