Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/24678 
more recent Version: 
Year of Publication: 
2008
Series/Report no.: 
ZEW Discussion Papers No. 08-008
Publisher: 
Zentrum für Europäische Wirtschaftsforschung (ZEW), Mannheim
Abstract: 
This study investigates how local milieus foster innovation success of firms. We complement the common practice of linking firm performance indicators to regional characteristics with survey evidence on the perceived importance of locational factors. While the former approach assumes that location characteristics affect all firms in the same way, the survey allows us to model firms judging the attractiveness of locations by a heterogeneous set of criteria. It turns out that the availability of highly skilled labor and the proximity to suppliers matters for firms? innovation performance. Interestingly, location factors obtained from the survey provide a more accurate explanation on how local milieus facilitate innovation.
Subjects: 
Innovation performance
R&D
location factors
Flanders
JEL: 
O31
O38
Document Type: 
Working Paper

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