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The Geography of Innovation

Posted: 4 Nov 2009  

Maryann P. Feldman

University of North Carolina at Chapel Hill; University of North Carolina (UNC) at Chapel Hill - Department of Public Policy; Kenan Flagler Business School

Date Written: 1994

Abstract

Provides a geographic dimension to the study of innovation and product commercialization. Product innovation is shown to cluster spatially in regions that provide concentrations of the knowledge needed for the commercialization process. That is, the presence of universities, related industries and specialized business services can create a technological infrastructure that promotes information transfers, thus lowering the risk and costs of undertaking innovative activity. Using U.S. Small Business Administration Innovation Citation data, the study introduces a direct measure of innovation output to explore the location of innovative activity. Prior empirical studies are also examined. The tendency to cluster geographically is found to be more pronounced when individual industries are examined. Certain states also have a comparative advantage for innovation in specific industries. Policy implications for private firms and state economic development efforts are considered. (TNM)

Keywords: University-industry relations, Commercialization, Technology transfer, Innovation policies, Knowledge spillovers, Information networks, Clusters, Innovation process, R&D, Product development, Geography, Knowledge base, Information transfer, Geographic distribution, Regional resources, Firm location

Suggested Citation

Feldman, Maryann P., The Geography of Innovation (1994). University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship. Available at SSRN: https://ssrn.com/abstract=1496223

Maryann P. Feldman (Contact Author)

University of North Carolina at Chapel Hill ( email )

CB 3435
University of North Carolina
Chapel Hill, NC 27599-3140
United States

HOME PAGE: http://maryannfeldman.web.unc.edu/

University of North Carolina (UNC) at Chapel Hill - Department of Public Policy ( email )

Abernathy Hall
Chapel Hill, NC 27599-3435
United States

Kenan Flagler Business School ( email )

Chapel Hill, NC
United States

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