Agglomeration and innovation
By: Gerald Carlino, William R. Kerr
Contributors: Kerr, William R., author; Harvard Business School
Series: Working paper / Harvard Business School -- 15-007; Working paper (Harvard Business School) -- 15-007.
Publisher: Harvard Business School
Published: 2014
Place of publication: Boston]
Language: eng
Number of pages: 56
Description: This chapter reviews academic research on the connections between agglomeration and innovation. We first describe the conceptual distinctions between invention and innovation. We then describe how these factors are frequently measured in the data and some resulting empirical regularities. Innovative activity tends to be more concentrated than industrial activity, and we discuss important findings from the literature about why this is so. We highlight the traits of cities (e.g., size, industrial diversity) that theoretical and empirical work link to innovation, and we discuss factors that help sustain these features (e.g., the localization of entrepreneurial finance).
Notes: "August 2014" -- Publisher's website.

Includes bibliographical references (pages 49-56).