R&D Strategy, Metropolitan Externalities and Productivity: Evidence from Sweden
2014 (English)In: Industry and Innovation, ISSN 1366-2716, E-ISSN 1469-8390, Vol. 21, no 2, 141-154 p.Article in journal (Refereed) Published
This paper studies the influence of metropolitan externalities on productivity for different types of long-run R&D engagement based on information from the Community Innovation Survey. We apply a dynamic general method of moments model to a panel of manufacturing and service firms with different locations in Sweden, classified as a metropolitan region, the largest metropolitan region, a metropolitan city, the largest metropolitan city and a nonmetropolitan area. This analysis generates three distinct results. First, the productivity premium associated with persistent R&D is close to 8 per cent in nonmetro locations and about 14 per cent in the largest city. Second, a firm without any R&D engagement does not benefit at all from the external milieu in metro areas. Third, no productivity premium is associated with occasional R&D effort regardless of the firm's location.
Place, publisher, year, edition, pages
2014. Vol. 21, no 2, 141-154 p.
R&D, innovation strategy, productivity, metropolitan, externalities
IdentifiersURN: urn:nbn:se:kth:diva-144578DOI: 10.1080/13662716.2014.896600ISI: 000334056700003ScopusID: 2-s2.0-84896988887OAI: oai:DiVA.org:kth-144578DiVA: diva2:714049
QC 201405092014-04-252014-04-252014-05-09Bibliographically approved