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Local Academic Knowledge Transfers and the Concentration of Economic Activity
Author(s) -
Varga Attila
Publication year - 2000
Publication title -
journal of regional science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.171
H-Index - 79
eISSN - 1467-9787
pISSN - 0022-4146
DOI - 10.1111/0022-4146.00175
Subject(s) - economies of agglomeration , metropolitan area , knowledge production , order (exchange) , function (biology) , economic geography , production (economics) , economics , critical mass (sociodynamics) , local economic development , technology transfer , economic growth , microeconomics , geography , international trade , computer science , knowledge management , archaeology , finance , evolutionary biology , biology
In this paper I examine agglomeration effects on the intensity of local knowledge transfers from universities to high technology innovations within the modified Griliches‐Jaffe knowledge production function framework. Estimations are carried out at the level of U.S. metropolitan areas. Concentration of high technology employment turns out to be the most important factor promoting local academic knowledge transfers. I find that a “critical mass” of agglomeration must be reached in order to expect substantial local economic effects of academic research spending.