Location Strategies and Knowledge Spillovers
Top Cited Papers
- 1 May 2007
- journal article
- Published by Institute for Operations Research and the Management Sciences (INFORMS) in Management Science
- Vol. 53 (5), 760-776
- https://doi.org/10.1287/mnsc.1060.0637
Abstract
Given the importance of proximity for knowledge spillovers, we examine firms' location choices expecting differences in firms' strategies. Firms will locate to maximize their net spillovers as a function of locations' knowledge activity, their own capabilities, and competitors' anticipated actions. Using new entrants into the United States from 1985 to 1994, we find that firms favor locations with academic innovative activity. Other results highlight differences in firms' location strategies suggesting that firms consider not only gains from inward knowledge spillovers but also the possible cost of outward spillovers. While less technologically advanced firms favor locations with high levels of industrial innovative activity, technologically advanced firms choose only locations with high levels of academic activity and avoid locations with industrial activity to distance themselves from competitors.agglomeration economies, knowledge spillovers, location choiceThis publication has 25 references indexed in Scilit:
- Knowledge Seeking and Location Choice of Foreign Direct Investment in the United StatesManagement Science, 2002
- The determinants of national innovative capacityResearch Policy, 2002
- R&D Cooperation and Spillovers: Some Empirical Evidence from BelgiumAmerican Economic Review, 2002
- Links and Impacts: The Influence of Public Research on Industrial R&DManagement Science, 2002
- Are knowledge spillovers international or intranational in scope?: Microeconometric evidence from the U.S. and JapanJournal of International Economics, 2001
- Technological acquisitions and the innovation performance of acquiring firms: a longitudinal studyStrategic Management Journal, 2001
- Localization of Knowledge and the Mobility of Engineers in Regional NetworksManagement Science, 1999
- Bounding the Effects of R&D: An Investigation Using Matched Establishment-Firm DataThe RAND Journal of Economics, 1996
- Absorptive Capacity: A New Perspective on Learning and InnovationAdministrative Science Quarterly, 1990
- Economic Welfare and the Allocation of Resources for InventionPublished by Walter de Gruyter GmbH ,1962