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Industrial clusters, flagship enterprises and regional innovation

Author

Listed:
  • Sergey Anokhin
  • Joakim Wincent
  • Vinit Parida
  • Natalya Chistyakova
  • Pejvak Oghazi

Abstract

For a sample of all 88 counties in the State of Ohio over a 5-year period, this study documents the effect of flagship enterprises and concentrated industrial clusters on regional innovation. Consistent with the agglomeration arguments and the knowledge spillover theory of entrepreneurship, both appear to affect regional innovation positively. Additionally, regional educational attainment positively moderates the effect of industrial clusters on innovation. At the same time, flagship enterprises primarily affect regional innovation in regions with low education levels. Results are obtained with the help of conservative econometric techniques and are robust to the choice of alternative dependent variables and estimators. The findings have major policy implications and provide insights into alternative routes to encouraging regional innovation.

Suggested Citation

  • Sergey Anokhin & Joakim Wincent & Vinit Parida & Natalya Chistyakova & Pejvak Oghazi, 2019. "Industrial clusters, flagship enterprises and regional innovation," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 31(1-2), pages 104-118, January.
    • Handle: RePEc:taf:entreg:v:31:y:2019:i:1-2:p:104-118
    DOI: 10.1080/08985626.2018.1537150
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    Cited by:

    1. Yi Ji & Hechang Cai & Zilong Wang, 2023. "Impact of Industrial Synergy on the Efficiency of Innovation Resource Allocation: Evidence from Chinese Metropolitan Areas," Land, MDPI, vol. 12(1), pages 1-16, January.
    2. Elena-Madalina Vatamanescu & Wioletta Wereda & Jacek Woźniak, 2020. "Communication And Knowledge Management In Innovative Enterprises – Literature Review Perspective," Nowoczesne Systemy Zarządzania. Modern Management Systems, Military University of Technology, Faculty of Security, Logistics and Management, Institute of Organization and Management, issue 2, pages 41-55.
    3. Kang Pan & Feng He & Rong Liu, 2022. "Does High-Tech Industry Agglomeration Promote Its Export Product Upgrading?—Based on the Perspective of Innovation and Openness," Sustainability, MDPI, vol. 14(13), pages 1-23, July.
    4. Kang Pan & Rong Liu & Xiaowei Chen & Ying Huang, 2023. "How Does Industrial Agglomeration Affect Exports? Evidence from Chinese Province-Industry Panel Data," Sustainability, MDPI, vol. 15(13), pages 1-18, June.
    5. Kretinin, Andrey & Anokhin, Sergey & Wincent, Joakim, 2020. "Exploring the antecedents of franchise internationalization," Journal of Business Research, Elsevier, vol. 112(C), pages 422-430.

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