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Agglomeration and Innovation / Gerald Carlino, William R. Kerr.
- Format:
- Book
- Author/Creator:
- Carlino, Gerald.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w20367.
- NBER working paper series no. w20367
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2014.
- Summary:
- This chapter reviews academic research on the connections between agglomeration and innovation. We first describe the conceptual distinctions between invention and innovation. We then describe how these factors are frequently measured in the data and some resulting empirical regularities. Innovative activity tends to be more concentrated than industrial activity, and we discuss important findings from the literature about why this is so. We highlight the traits of cities (e.g., size, industrial diversity) that theoretical and empirical work link to innovation, and we discuss factors that help sustain these features (e.g., the localization of entrepreneurial finance).
- Notes:
- Print version record
- August 2014.
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