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Localized Knowledge Spillovers: Evidence From The Agglomeration Of American R&D Labs And Patent Data

Author

Listed:
  • Buzard, Kristy

    (Syracuse)

  • Carlino, Gerald A.

    (Federal Reserve Bank of Philadelphia)

  • Hunt, Robert M.

    (Federal Reserve Bank of Philadelphia)

  • Carr, Jake

    (Ohio State University)

  • Smith, Tony E.

    (University of Pennsylvania)

Abstract

Supercedes 15-03 We employ a unique data set to examine the spatial clustering of private R&D labs. Instead of using fixed spatial boundaries, we develop a new procedure for identifying the location and size of specific R&D clusters. Thus, we are better able to identify the spatial locations of clusters at various scales, such as a half mile, 1 mile, 5 miles, and more. Assigning patents and citations to these clusters, we capture the geographic extent of knowledge spillovers within them. Our tests show that the localization of knowledge spillovers, as measured via patent citations, is strongest at small spatial scales and diminishes rapidly with distance.

Suggested Citation

  • Buzard, Kristy & Carlino, Gerald A. & Hunt, Robert M. & Carr, Jake & Smith, Tony E., 2016. "Localized Knowledge Spillovers: Evidence From The Agglomeration Of American R&D Labs And Patent Data," Working Papers 16-25, Federal Reserve Bank of Philadelphia.
  • Handle: RePEc:fip:fedpwp:16-25
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    References listed on IDEAS

    as
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    Citations

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    Cited by:

    1. Crescenzi, Riccardo & Gagliardi, Luisa, 2015. "Moving people with ideas - innovation inter-regional mobility and firm heterogeneity," LSE Research Online Documents on Economics 64509, London School of Economics and Political Science, LSE Library.
    2. Tomoya Mori, 2017. "Agglomeration," KIER Working Papers 960, Kyoto University, Institute of Economic Research.
    3. MURATA, Yasusada & NAKAJIMA, Ryo & TAMURA, Ryuichi, 2016. "Testing for localization: A new approach," IIR Working Paper 16-11, Institute of Innovation Research, Hitotsubashi University.
    4. Stef Proost & Jacques-Francois Thisse, 2017. "What Can Be Learned from Spatial Economics?," HSE Working papers WP BRP 167/EC/2017, National Research University Higher School of Economics.
    5. repec:eee:juecon:v:101:y:2017:i:c:p:14-26 is not listed on IDEAS
    6. Buzard, Kristy & Carlino, Gerald A. & Hunt, Robert M. & Carr, Jake & Smith, Tony E., 2017. "The Agglomeration of American Research and Development Labs," Working Papers 17-18, Federal Reserve Bank of Philadelphia.
    7. Kristian Behrens & Brahim Boualam & Julien Martin, 2016. "The resilience of the Canadian textile industries and clusters to shocks, 2001-2013," CIRANO Project Reports 2016rp-05, CIRANO.

    More about this item

    Keywords

    spatial clustering; geographic concentration; R&D labs; localized knowledge spillovers; patent citations;

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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