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Firm location, corporate structure, R&D investment, innovation and productivity
KTH, School of Architecture and the Built Environment (ABE), Urban Planning and Environment, Urban and Regional Studies. KTH, School of Architecture and the Built Environment (ABE), Centres, Centre for Banking and Finance, Cefin.ORCID iD: 0000-0001-8170-3100
KTH, School of Architecture and the Built Environment (ABE), Transport and Economics (closed 20110301), Economics (closed 20110301). KTH, School of Architecture and the Built Environment (ABE), Centres, Centre of Excellence for Science and Innovation Studies, CESIS (closed 20110701).
KTH, School of Architecture and the Built Environment (ABE), Transport and Economics (closed 20110301), Economics (closed 20110301). KTH, School of Architecture and the Built Environment (ABE), Centres, Centre of Excellence for Science and Innovation Studies, CESIS (closed 20110701).ORCID iD: 0000-0002-5871-8571
2005 (English)Conference paper, Published paper (Refereed)
Abstract [en]

This study elucidates how firm characteristics, innovation-system collaboration, market extension andfirm location influence economic performance, innovation efforts and innovation output. Firmcharacteristics include corporate structure, size, capital and knowledge assets, R&D persistence etc.The location variable separates Sweden into five areas, one of which is the Stockholm metropolitanregion. The study is based on 2,083 Community Innovation Survey firm level observations forSweden. The first stage of the empirical analysis shows that the propensity to be an innovative firm(making innovation efforts) is an increasing function of size, profitability, human capital, andextensive markets. For the subgroup of innovative firms, return to product innovations is positivelyrelated to location in the Stockholm region, multinational firms, R&D investment and persistence, andnegatively related to firm size. For the same subgroup, total sales per employee follow a similarpattern, but value added per employee does not. The paper also reports about firms’ R&D investment,external collaboration on innovation, and non-imitation innovations across the same regions. Theresults suggest that a firm’s R&D- embeddedness in scientific, horizontal and vertical innovationsystems is primarily determined by its corporate structure, not geographic location.

Place, publisher, year, edition, pages
2005.
Keyword [en]
Regional economy, multinational companies, R&D, innovation, innovation system
National Category
Social Sciences
Identifiers
URN: urn:nbn:se:kth:diva-67299OAI: oai:DiVA.org:kth-67299DiVA: diva2:484799
Conference
45th Congress of the European Regional Science Association. Vrije Universiteit Amsterdam. 23-27 August 2005
Note
QC 20120130Available from: 2012-01-27 Created: 2012-01-27 Last updated: 2012-01-30Bibliographically approved

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Rader Olsson, AmyLööf, Hans

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Urban and Regional StudiesCentre for Banking and Finance, CefinEconomics (closed 20110301)Centre of Excellence for Science and Innovation Studies, CESIS (closed 20110701)
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CiteExportLink to record
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Citation style
  • apa
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More styles
Language
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Output format
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