Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Geography of Small Firm Innovation

The Geography of Small Firm Innovation

Black, Grant

Paperback

Series: International Studies in Entrepreneurship, Book 1

Business GeneralEconomicsManagement

ISBN10: 1402076126
ISBN13: 9781402076121
Publisher: Springer Nature
Published: Dec 31 2003
Pages: 180
Weight: 1.06
Height: 0.69 Width: 6.42 Depth: 9.52
Language: English
It has long been recognized that advances in science contribute to economic growth. While it is one thing to argue that such a relationship exists, it is quite another to establish the extent to which knowledge spills over within and between sectors of the economy. Such a research agenda faces numerous challenges. Not only must one seek measures of inputs, but a measure of output is needed as well to estimate the knowledge production function. The identification of such a measure was a compelling goal for Zvi Griliches, if not the holy grail: The dream of getting hold of an output indicator of inventive activity is one of the strong motivating forces for economic research in this area. (Griliches 1990, p. 1669). Jaffe (1989) made a significant contribution to estimating the knowledge production function when he established a relationship between patent activity and R&D activity at the state level. Feldman and coauthors (1994a, 1994b) added considerably to this line of research, focusing on innovation counts as the dependent variable instead of patent counts. This work was particularly important given that many innovations are never patented. Feldman's work also differentiated by firm size and showed that knowledge spillovers from universities play a key role as sources of knowledge for small firms.

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