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Local Returns to Federal Innovation Investment: Evidence from the National Laboratories

In: Entrepreneurship and Innovation Policy and the Economy, volume 6

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  • Susan Helper
  • Resem Makan
  • Daniel Shoag

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Suggested Citation

  • Susan Helper & Resem Makan & Daniel Shoag, 2026. "Local Returns to Federal Innovation Investment: Evidence from the National Laboratories," NBER Chapters, in: Entrepreneurship and Innovation Policy and the Economy, volume 6, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberch:15437
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    References listed on IDEAS

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    1. Nicholas Bloom & John Van Reenen & Heidi Williams, 2019. "A Toolkit of Policies to Promote Innovation," Journal of Economic Perspectives, American Economic Association, vol. 33(3), pages 163-184, Summer.
    2. Gabriel Chodorow-Reich, 2019. "Geographic Cross-Sectional Fiscal Spending Multipliers: What Have We Learned?," American Economic Journal: Economic Policy, American Economic Association, vol. 11(2), pages 1-34, May.
    3. Benjamin F. Jones & Lawrence H. Summers, 2020. "A Calculation of the Social Returns to Innovation," NBER Chapters, in: Innovation and Public Policy, pages 13-59, National Bureau of Economic Research, Inc.
    4. Adams, James D & Chiang, Eric P & Starkey, Katara, 2001. "Industry-University Cooperative Research Centers," The Journal of Technology Transfer, Springer, vol. 26(1-2), pages 73-86, January.
    5. Jaffe, Adam B & Lerner, Josh, 2001. "Reinventing Public R&D: Patent Policy and the Commercialization of National Laboratory Technologies," RAND Journal of Economics, The RAND Corporation, vol. 32(1), pages 167-198, Spring.
    6. Sabrina T. Howell, 2017. "Financing Innovation: Evidence from R&D Grants," American Economic Review, American Economic Association, vol. 107(4), pages 1136-1164, April.
    7. Susan Helper & Resem Makan & Daniel W. Shoag, 2026. "Knowledge Spillovers and Local Outcomes: An Existence Proof from the Establishment of the National Labs," NBER Working Papers 35011, National Bureau of Economic Research, Inc.
    8. Jorge Guzman & Fiona Murray & Scott Stern & Heidi Williams, 2024. "Accelerating Innovation Ecosystems: The Promise and Challenges of Regional Innovation Engines," Entrepreneurship and Innovation Policy and the Economy, University of Chicago Press, vol. 3(1), pages 9-75.
    9. Shimeng Liu, 2015. "Spillovers from Universities: Evidence from the Land-Grant Program," Working Paper 9410, USC Lusk Center for Real Estate.
    10. Atkin, David & Chen, Keith & Popov, Anton, 2022. "The Returns to Face-to-Face Interactions: Knowledge Spillovers in Silicon Valley," CEPR Discussion Papers 17377, Centre for Economic Policy Research.
    11. Andrew J. Fieldhouse & Karel Mertens, 2026. "The Social Returns to Public R&D," Entrepreneurship and Innovation Policy and the Economy, University of Chicago Press, vol. 5(1), pages 9-39.
    12. repec:nos:voprec:y:2019:id:2446 is not listed on IDEAS
    13. Siegel, Donald & Bogers, Marcel L.A.M. & Jennings, P. Devereaux & Xue, Lan, 2023. "Technology transfer from national/federal labs and public research institutes: Managerial and policy implications," Research Policy, Elsevier, vol. 52(1).
    14. Pierre Azoulay & Joshua S Graff Zivin & Danielle Li & Bhaven N Sampat, 2019. "Public R&D Investments and Private-sector Patenting: Evidence from NIH Funding Rules," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 86(1), pages 117-152.
    15. Valentina Tartari & Scott Stern, 2021. "More than an Ivory Tower: The Impact of Research Institutions on the Quantity and Quality of Entrepreneurship," NBER Working Papers 28846, National Bureau of Economic Research, Inc.
    16. Timothy J. Bartik, 2020. "Using Place-Based Jobs Policies to Help Distressed Communities," Journal of Economic Perspectives, American Economic Association, vol. 34(3), pages 99-127, Summer.
    17. Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626, National Bureau of Economic Research, Inc.
    18. Ganong, Peter & Shoag, Daniel, 2017. "Why has regional income convergence in the U.S. declined?," Journal of Urban Economics, Elsevier, vol. 102(C), pages 76-90.
    19. Greg Howard & Jack Liebersohn, 2025. "How Regional Inequality and Migration Drive Housing Prices and Rents," Journal of Economic Perspectives, American Economic Association, vol. 39(3), pages 3-26, Summer.
    20. Audretsch, David B. & Fiedler, Antje & Fath, Benjamin & Verreynne, Martie-Louise, 2024. "The dawn of geographically unbounded entrepreneurial ecosystems," Journal of Business Venturing Insights, Elsevier, vol. 22(C).
    21. Richard R. Nelson, 1959. "The Simple Economics of Basic Scientific Research," Journal of Political Economy, University of Chicago Press, vol. 67(3), pages 297-297.
    22. Nagaoka, Sadao & Motohashi, Kazuyuki & Goto, Akira, 2010. "Patent Statistics as an Innovation Indicator," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 2, chapter 0, pages 1083-1127, Elsevier.
    23. Adam B. Jaffe & Manuel Trajtenberg & Rebecca Henderson, 1993. "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(3), pages 577-598.
    24. Liu, Shimeng, 2015. "Spillovers from universities: Evidence from the land-grant program," Journal of Urban Economics, Elsevier, vol. 87(C), pages 25-41.
    25. Kevin A. Bryan & Yasin Ozcan, 2021. "The Impact of Open Access Mandates on Invention," The Review of Economics and Statistics, MIT Press, vol. 103(5), pages 954-967, December.
    26. Sabrina T. Howell, 2024. "Government Intervention in Innovation," Annual Review of Financial Economics, Annual Reviews, vol. 16(1), pages 367-390, November.
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