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Stylized Facts in the Geography of Innovation

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  • Feldman, Maryann P.
  • Kogler, Dieter F.

Abstract

The geography of innovation describes the importance of proximity and location to innovative activity. As part of what has been termed the new economic geography, this area of research is less than 20years old, and is now developed sufficiently so that the discussion can be organized around certain stylized and commonly accepted facts:•Innovation is spatially concentrated.•Geography provides a platform to organize economic activity.•All places are not equal: urbanization, localization, and diversity.•Knowledge spillovers are geographically localized.•Knowledge spillovers are nuanced, subtle, pervasive, and not easily amenable to measurement.•Local universities are necessary but not sufficient for innovation.•Innovation benefits from local buzz and global pipelines.•Places are defined over time by an evolutionary process.

Suggested Citation

  • Feldman, Maryann P. & Kogler, Dieter F., 2010. "Stylized Facts in the Geography of Innovation," Handbook of the Economics of Innovation, Elsevier.
  • Handle: RePEc:eee:haechp:v1_381
    DOI: 10.1016/S0169-7218(10)01008-7
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    Keywords

    agglomeration economies; geography of innovation; knowledge spillovers; localization; new economic geography; urbanization;

    JEL classification:

    • A33 - General Economics and Teaching - - Multisubject Collective Works - - - Handbooks
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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