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High-Technology Employment and R&D in Cities: Heterogeneity vs Specialization

Zoltan Acs, Felix R. FitzRoy and Ian Smith

CRIEFF Discussion Papers from Centre for Research into Industry, Enterprise, Finance and the Firm

Abstract: This paper uses data from high technology industry clusters in U.S. cities to establish a strong positive relationship between city, industry (and university) R&D and subsequent employment in the same industry and city. Perhaps surprisingly, in view of recent results that heterogeneity favors growth, we found no evidence for spillovers from R&D in any one high technology cluster to employment in any other. However, spillover benefits from specialization appear microeconomically plausible in our context, though the data panel is too short to obtain any conclusions regarding growth.

Keywords: High technology; Employment; R&D spillovers; Clusters (search for similar items in EconPapers)
JEL-codes: J23 J44 O30 (search for similar items in EconPapers)
Date: 1999-10
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Persistent link: https://EconPapers.repec.org/RePEc:san:crieff:9920

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