Industrial Clustering and the Returns to Inventive Activity Canadian Biotechnology Firms, 1991-2000

作者: Joel A.C. Baum , Maryann P. Feldman , Barak S. Aharonson

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摘要: We examine how industrial clustering affects biotechnology firms’ innovativeness, contrasting similar firms not located in clusters or that are focused on the firm’s technological specialization. Using detailed firm level data, we find clustered eight times more innovative than geographically remote firms, with largest effects for strong their own For a cluster specialization also R&D productivity is enhanced by alliances and of other colocated firms.

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