Labor Pooling in R&D Intensive Industries

Arbeitspapier

We investigate the interplay between firms' R&D decisions and labor market competition, and how this influences equilibrium location choices and welfare. Firms engage in risky R&D activities and thus create stochastic product and implied labor demand. Spatial agglomeration is more likely in situations where the innovation step is large and the probability for a firm to be the only innovator is high. When firms agglomerate, they tend to invest more in R&D compared to spatially dispersed firms. Agglomeration is welfare maximizing, because expected labor productivity is higher and firms choose a more efficient, diversified portfolio of R&D projects at the industry level. The latter aspect is ascertained by data from German firms in R&D intensive industries.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: ZEW Discussion Papers ; No. 08-074

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Size and Spatial Distributions of Regional Economic Activity ; Management of Technological Innovation and R&D ; Oligopoly and Other Imperfect Markets
• Thema: Facharbeiter ; Betriebliche Forschung ; Betriebliche Standortwahl ; Regionale Konzentration ; Forschung ; Schätzung ; Theorie ; Deutschland

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Gerlach, Heiko A. ; Rønde, Thomas ; Stahl, Konrad O.
• Ereignis: Veröffentlichung
• (wer): Zentrum für Europäische Wirtschaftsforschung (ZEW)
• (wo): Mannheim
• (wann): 2008

Weitere Informationen

• Handle: http://hdl.handle.net/10419/27552
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ