How can firm benefit from access to knowledge-intensive producer services?
AbstractThis paper examines variation in a productivity growth within a given location and between different locations. Implementing a dynamic panel data approach on Swedish micro data, we test the separate and complementary effect of innovation and spillovers from the local milieu. Measuring potential knowledge spillover by access to knowledge intensive services, the estimation results produce strong evidence of differences in the capacity to benefit from external knowledge among persistent innovators, temporary innovators and non-innovators. The results are consistent regardless of whether innovation efforts are measured in terms of the frequency of patent applications or R&D investments. We do not find any differences in growth among non-innovative firms across locations, while the growth rate increases with the access to external knowledge for innovative firms and especially for persistent innovators.
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Bibliographic InfoPaper provided by Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies in its series Working Paper Series in Economics and Institutions of Innovation with number 283.
Length: 29 pages
Date of creation: 26 Sep 2012
Date of revision: 11 Aug 2014
Contact details of provider:
Postal: CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology, SE-100 44 Stockholm, Sweden
Phone: +46 8 790 95 63
Web page: http://www.infra.kth.se/cesis/
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Innovation; spillovers; productivity; TFP-growth;
Find related papers by JEL classification:
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-10-06 (All new papers)
- NEP-BEC-2012-10-06 (Business Economics)
- NEP-CSE-2012-10-06 (Economics of Strategic Management)
- NEP-HME-2012-10-06 (Heterodox Microeconomics)
- NEP-INO-2012-10-06 (Innovation)
- NEP-KNM-2012-10-06 (Knowledge Management & Knowledge Economy)
- NEP-SBM-2012-10-06 (Small Business Management)
- NEP-URE-2012-10-06 (Urban & Real Estate Economics)
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- Lööf, Hans & Nabavi, Pardis, 2013. "Learning and Productivity of Swedish Exporting Firms: The importance of Innovation Efforts and the Geography of Innovation," Working Paper Series in Economics and Institutions of Innovation 296, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
- Palmberg, Johanna, 2013. "Spontaneous Orders and the Emergence of Economically Powerful Cities," Working Paper Series in Economics and Institutions of Innovation 310, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
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