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Firm location, Corporate Structure, R&D Investment, Innovation and Productivity

  • Börje Johansson

    ()

  • Hans Lööf

    ()

  • Amy Rade Olsson

    ()

This study elucidates the relationship between localisation of firms, corporate structure, intellectual capital and innovations.The main finding is that a greater concentration of multinational firms, human capital, T&D and universities is significantly and positive associated with research productivity. All other things equal, such as firm size, sector classification, human capital, corporate owner structure and R&D investment, the return to an invested Euro in R&D is, at the margin, greatest for firms localized to the capital of Sweden, compared to four other large regions. However, surprisingly Stockholm firms also have a lower propensity to cooperate with scientific, vertical and horisontal innovation systems. This may reflect limitations of popular survey-based information such as Community Innovation Survey data to capture spillover and the importance of informal collaborative relationships within regions.

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Paper provided by European Regional Science Association in its series ERSA conference papers with number ersa05p108.

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Date of creation: Aug 2005
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Handle: RePEc:wiw:wiwrsa:ersa05p108
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  21. repec:taf:loceco:v:18:y:2003:i:1:p:7-20 is not listed on IDEAS
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