Comparative Localization of Academic and Industrial Spillovers
41 Pages Posted: 10 May 2001 Last revised: 29 Aug 2022
Date Written: May 2001
Abstract
This paper studies localization of academic and industrial knowledge spillovers. Using data on U.S. Research and Development laboratories, that quantify spatial aspects of learning about universities and firms as well as their locations, I find that academic spillovers are more localized than industrial spillovers. I also find that localization is increased by nearby stocks of R&D, but reduced by laboratory and firm size. These results on localized academic spillovers reflect open science and the industry-university cooperative movement, which encourage firms to work with local universities, so that localization coincides with the public goods nature of science. This situation contrasts with relations to other firms, where contractual arrangements are needed to access proprietary information, often at a considerable distance.
Suggested Citation: Suggested Citation
Do you have a job opening that you would like to promote on SSRN?
Recommended Papers
-
Proofs and Prototypes for Sale: the Tale of University Licensing
-
Do Scientists Pay to Be Scientists?
By Scott Stern
-
Who is Selling the Ivory Tower? Sources of Growth in University Licensing
By Jerry G. Thursby and Marie C. Thursby
-
By Donald S. Siegel, David Waldman, ...
-
Putting Patents in Context: Exploring Knowledge Transfer from MIT
-
Intellectual Capital and the Firm: The Technology of Geographically Localized Knowledge Spillovers
By Lynne G. Zucker, Michael R. Darby, ...
-
By Scott Stern and Fiona Murray
-
Incentives and Invention in Universities
By Saul Lach and Mark A. Schankerman
-
Incentives and Invention in Universities
By Saul Lach and Mark A. Schankerman
-
Incentives and Invention in Universities
By Saul Lach and Mark A. Schankerman