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The presence of larger inventive firms in cities helps smaller firms to be more inventive as well – eventually

Menon, Carlo (2014) The presence of larger inventive firms in cities helps smaller firms to be more inventive as well – eventually. LSE American Politics and Policy (02 Dec 2014). Website.

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Abstract

While the positive effects of similar firms locating close to one another – so called agglomeration effects – are well known, do these positive spillovers also apply to large inventive firms? In new research, Carlo Menon examines the effect that companies which have a large number of patents have on patents granted by other companies in the same area. He finds that through knowledge spillover effects, a ten percent increase in the number of patents from Top Inventing Companies can lead to an increase in patents from smaller companies by about 2 percent over the following 4 to 8 years.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/usappblog/
Additional Information: © 2014 The Author; Online
Divisions: LSE
Subjects: H Social Sciences > HD Industries. Land use. Labor
J Political Science > JK Political institutions (United States)
Sets: Collections > LSE American Politics and Policy (USAPP) Blog
Date Deposited: 09 Jan 2015 10:48
Last Modified: 29 May 2020 23:22
URI: http://eprints.lse.ac.uk/id/eprint/60710

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