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

In English

Författare

  • Hans Loof
  • Börje Johansson

Summary, in English

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.

Avdelning/ar

Publiceringsår

2014

Språk

Engelska

Sidor

141-154

Publikation/Tidskrift/Serie

Industry and Innovation

Volym

21

Issue

2

Dokumenttyp

Artikel i tidskrift

Förlag

Routledge

Ämne

  • Social Sciences Interdisciplinary

Nyckelord

  • innovation strategy
  • productivity
  • externalities
  • metropolitan
  • R&D

Status

Published

ISBN/ISSN/Övrigt

  • ISSN: 1366-2716