Sources of Increasing Returns and Regional Innovation in the UK
This empirical paper investigates the impact of different sources of increasing returns on firm innovative behaviour in different regions of the uk. Of the different sources of increasing returns, the impact of intermediation and the emergence of specialised markets on the probability of innovation is of particular interest to this analysis. The existing literature on regional development in the uk strongly suggests that the south east has many features that may characterise an economy growing with a greater division of labour. These are less evident in the industrial heartland region of northern england. Other influences on innovation such as the impact of regional public r&d and dynamic economies to scale due to learning within a firm are also considered.
References listed on IDEAS
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- Suma Athreye & David Keeble, 2001. "Specialised Markets and the Behaviour of Firms: Evidence from the UK's Regional Economies," Open Discussion Papers in Economics 33, The Open University, Faculty of Social Sciences, Department of Economics.
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- P A Wood & J Bryson & D Keeble, 1993. "Regional patterns of small firm development in the business services: evidence from the United Kingdom," Environment and Planning A, Pion Ltd, London, vol. 25(5), pages 677-700, May.
- Dosi, Giovanni, 1988. "Sources, Procedures, and Microeconomic Effects of Innovation," Journal of Economic Literature, American Economic Association, vol. 26(3), pages 1120-1171, September.
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