Arbeitspapier
Information-driven clustering: An alternative to the knowledge spillover story
This paper builds a model in which clustering emerges as the equilibrium outcome driven by informational imperfections and the importance of knowledge and uncertainty in innovative production even when knowledge is fully exclusive and appropriable. This motive for clustering will be stronger the more important new knowledge in the industry. It thereby helps to account for the empirical finding that economic activity clusters more strongly in industries where new knowledge plays a bigger role. It weakens the case for local knowledge spillovers to explain innovative clustering.
- ISBN
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978-3-940369-03-1
- Language
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Englisch
- Bibliographic citation
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Series: Hamburg Contemporary Economic Discussions ; No. 02/2005
- Classification
-
Wirtschaft
- Subject
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knowledge
innovation
innovative production
vector representation
complementarity
- Event
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Geistige Schöpfung
- (who)
-
Sievers, Tim
- Event
-
Veröffentlichung
- (who)
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University of Hamburg, Faculty of Business, Economics and Social Sciences, Chair for Economic Policy
- (where)
-
Hamburg
- (when)
-
2005
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Sievers, Tim
- University of Hamburg, Faculty of Business, Economics and Social Sciences, Chair for Economic Policy
Time of origin
- 2005
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