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Knowledge Spillovers and High‐technology Clustering: Evidence from Taiwan's Hsinchu Science‐Based Industrial Park
Author(s) -
Tsai Diana H. A.
Publication year - 2005
Publication title -
contemporary economic policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.454
H-Index - 49
eISSN - 1465-7287
pISSN - 1074-3529
DOI - 10.1093/cep/byi010
Subject(s) - industrial park , knowledge spillover , science park , spillover effect , economic geography , government (linguistics) , cluster analysis , economics , business , industrial organization , regional science , geography , economic growth , microeconomics , computer science , linguistics , philosophy , archaeology , machine learning
Knowledge spillovers of high‐technology industries are alleged to be important determinants of industrial clustering. Dynamic production modeling is applied to measure the sectoral and spatial spillover effects to study the implications of various types of knowledge spillovers on high‐technology industry clustering in Taiwan's Hsinchu Science‐based Industrial Park (HSIP). The analysis is performed using the Taiwanese government's industrial census of technological activities at the micro level with 2340 plants for the period 1986–1995. We find substantive sectoral and spatial knowledge spillover effects, which are considered to be major motivating forces for regional concentration patterns of Taiwan's high‐technology industries. (JEL L10 , O30 )