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The Influence of Geographic Clusters and Knowledge Spillovers on the Product Innovation Activities of New Ventures

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  • Brett Anitra Gilbert
  • Mika Tatum Kusar

Abstract

Geographic clusters have an impressive track record for producing innovative firms. In this research, we examine whether a geographic cluster location and the knowledge spillovers new ventures assimilate influence both their explorative and exploitative innovation activities. We hypothesize a stronger relationship of industry clustering on exploitative innovations but a stronger relationship of knowledge spillovers on explorative innovations. We expect the interaction will result in more exploitative innovations than explorative innovations. The data support most hypotheses.

Suggested Citation

  • Brett Anitra Gilbert & Mika Tatum Kusar, 2006. "The Influence of Geographic Clusters and Knowledge Spillovers on the Product Innovation Activities of New Ventures," Papers on Entrepreneurship, Growth and Public Policy 2006-16, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
    • Handle: RePEc:esi:egpdis:2006-16
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    Cited by:

    1. Rui Baptista & Joana Mendonça, 2010. "Proximity to knowledge sources and the location of knowledge-based start-ups," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 45(1), pages 5-29, August.
    2. Li Fang, 2018. "The Dual Effects of Information Technology Clusters: Learning and Selection," Economic Development Quarterly, , vol. 32(3), pages 195-209, August.
    3. Mendonça, Joana & Heitor, Manuel, 2016. "The changing patterns of industrial production: How does it play for the Iberian Peninsula?," Technological Forecasting and Social Change, Elsevier, vol. 113(PB), pages 293-307.
    4. Sanwar A. Sunny & Cheng Shu, 2019. "Investments, incentives, and innovation: geographical clustering dynamics as drivers of sustainable entrepreneurship," Small Business Economics, Springer, vol. 52(4), pages 905-927, April.

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