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R&D Strategy, Metropolitan Externalities and Productivity: Evidence from Sweden

Loof, Hans and Johansson, Börje LU (2014) In Industry and Innovation 21(2). p.141-154
Abstract
This paper studies the influence of metropolitan externalities on productivity for different types of long-run R&D engagement based on information from the Community Innovation Survey. We apply a dynamic general method of moments model to a panel of manufacturing and service firms with different locations in Sweden, classified as a metropolitan region, the largest metropolitan region, a metropolitan city, the largest metropolitan city and a nonmetropolitan area. This analysis generates three distinct results. First, the productivity premium associated with persistent R&D is close to 8 per cent in nonmetro locations and about 14 per cent in the largest city. Second, a firm without any R&D engagement does not benefit at all from... (More)
This paper studies the influence of metropolitan externalities on productivity for different types of long-run R&D engagement based on information from the Community Innovation Survey. We apply a dynamic general method of moments model to a panel of manufacturing and service firms with different locations in Sweden, classified as a metropolitan region, the largest metropolitan region, a metropolitan city, the largest metropolitan city and a nonmetropolitan area. This analysis generates three distinct results. First, the productivity premium associated with persistent R&D is close to 8 per cent in nonmetro locations and about 14 per cent in the largest city. Second, a firm without any R&D engagement does not benefit at all from the external milieu in metro areas. Third, no productivity premium is associated with occasional R&D effort regardless of the firm's location. (Less)
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author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
innovation strategy, productivity, externalities, metropolitan, R&D
in
Industry and Innovation
volume
21
issue
2
pages
141 - 154
publisher
Routledge
external identifiers
  • wos:000334056700003
  • scopus:84896988887
ISSN
1366-2716
DOI
10.1080/13662716.2014.896600
language
English
LU publication?
yes
id
31505663-4d14-4153-bc24-96f3749f271d (old id 4439920)
date added to LUP
2014-05-20 09:56:42
date last changed
2017-07-30 04:09:01
@article{31505663-4d14-4153-bc24-96f3749f271d,
  abstract     = {This paper studies the influence of metropolitan externalities on productivity for different types of long-run R&D engagement based on information from the Community Innovation Survey. We apply a dynamic general method of moments model to a panel of manufacturing and service firms with different locations in Sweden, classified as a metropolitan region, the largest metropolitan region, a metropolitan city, the largest metropolitan city and a nonmetropolitan area. This analysis generates three distinct results. First, the productivity premium associated with persistent R&D is close to 8 per cent in nonmetro locations and about 14 per cent in the largest city. Second, a firm without any R&D engagement does not benefit at all from the external milieu in metro areas. Third, no productivity premium is associated with occasional R&D effort regardless of the firm's location.},
  author       = {Loof, Hans and Johansson, Börje},
  issn         = {1366-2716},
  keyword      = {innovation strategy,productivity,externalities,metropolitan,R&D},
  language     = {eng},
  number       = {2},
  pages        = {141--154},
  publisher    = {Routledge},
  series       = {Industry and Innovation},
  title        = {R&D Strategy, Metropolitan Externalities and Productivity: Evidence from Sweden},
  url          = {http://dx.doi.org/10.1080/13662716.2014.896600},
  volume       = {21},
  year         = {2014},
}