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Knowledge spillovers and firm performance in the high-technology industrial cluster

Author

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  • Chyi, Yih-Luan
  • Lai, Yee-Man
  • Liu, Wen-Hsien

Abstract

This paper attempts to empirically investigate the mechanisms underlying growth in Hsinchu high-tech clusters. We emphasize knowledge spillovers as one of the potential factors contributing to agglomeration benefits. This paper sheds light on the impact of external and internal spillovers on firm performance in Hsinchu high-tech clusters. The empirical results provide supporting evidence that the external R&D spillover is statistically significant in explaining net sales of firms in Hsinchu high-tech clusters.

Suggested Citation

  • Chyi, Yih-Luan & Lai, Yee-Man & Liu, Wen-Hsien, 2012. "Knowledge spillovers and firm performance in the high-technology industrial cluster," Research Policy, Elsevier, vol. 41(3), pages 556-564.
  • Handle: RePEc:eee:respol:v:41:y:2012:i:3:p:556-564
    DOI: 10.1016/j.respol.2011.12.010
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    References listed on IDEAS

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    1. Keller, Wolfgang, 1998. "Are international R&D spillovers trade-related?: Analyzing spillovers among randomly matched trade partners," European Economic Review, Elsevier, vol. 42(8), pages 1469-1481, September.
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    1. repec:kap:jinten:v:15:y:2017:i:2:d:10.1007_s10843-016-0195-7 is not listed on IDEAS
    2. Jiang Wei & Minfei Zhou & Mark Greeven & Hongyan Qu, 2016. "Economic governance, dual networks and innovative learning in five Chinese industrial clusters," Asia Pacific Journal of Management, Springer, vol. 33(4), pages 1037-1074, December.

    More about this item

    Keywords

    Agglomeration; Cluster; High-tech; Knowledge spillover; R&D;

    JEL classification:

    • L63 - Industrial Organization - - Industry Studies: Manufacturing - - - Microelectronics; Computers; Communications Equipment
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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