Premium
R&D spillovers and innovative activity
Author(s) -
Acs Zoltan J.,
Audretsch David B.,
Feldman Maryann P.
Publication year - 1994
Publication title -
managerial and decision economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.288
H-Index - 51
eISSN - 1099-1468
pISSN - 0143-6570
DOI - 10.1002/mde.4090150205
Subject(s) - economics , chemistry
The new learning has raised a number of explanations why smaller enterprises may, in fact, tend to have an innovative advantage, at least in certain industries. The purpose of this paper is to identify the degree to which university and corporate R&D spills over to innovative activity at the state level. We find substantial evidence that spillovers are facilitated by the geographic coincidence of universities and research laboratories within the state.