Speed of innovation in high technology firms: geographic and organizational strategies
AbstractCompetition in high technology is increasingly based on rapid innovation. But what conditions quicken innovation? Some suggest innovation is faster in firms with many related organizations located nearby. Others propose relationships with customers and suppliers as key factors in rapid innovation. We attempt to differentiate between these hypotheses. We find that local amenities determine firm location, but not innovation speed. Instead relationships with suppliers and customers are the main determinants of innovation speed.
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Bibliographic InfoPaper provided by Utah State University, Department of Economics in its series Working Papers with number 2000-33.
Length: 40 pages
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-08-12 (All new papers)
- NEP-CSE-2006-08-12 (Economics of Strategic Management)
- NEP-ENT-2006-08-12 (Entrepreneurship)
- NEP-INO-2006-08-12 (Innovation)
- NEP-MIC-2006-08-12 (Microeconomics)
- NEP-TID-2006-08-12 (Technology & Industrial Dynamics)
- NEP-URE-2006-08-12 (Urban & Real Estate Economics)
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