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Title:Industry specialization, diversity and the efficiency of regional innovation systems PDF Logo
Authors:Fritsch, Michael
Slavtchev, Viktor
Issue Date:2007
Series/Report no.:Jena economic research papers 2007,018
Abstract:Innovation processes are characterized by a pronounced division of labor between actors. Two types of externality may arise from such interactions. On the one hand, a close location of actors affiliated to the same industry may stimulate innovation (MAR externalities). On the other hand, new ideas may be born by the exchange of heterogeneous and complementary knowledge between actors, which belong to different industries (Jacobs’ externalities). We test the impact of both MAR as well as Jacobs’ externalities on innovative performance at the regional level. The results suggest an inverted u-shaped relationship between regional specialization in certain industries and innovative performance. Further key determinants of the regional innovative performance are private sector R&D and university-industry collaboration.
Subjects:Innovation
technical efficiency
patents
agglomeration concentration, specialization, diversity
regional analysis
JEL:O31
O18
R12
Document Type:Working Paper
Appears in Collections:Jena Economic Research Papers, MPI für Ökonomik

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