Markus Grillitsch
Senior Lecturer
Firm Performance in the Periphery: On the Relation between Firm-Internal Knowledge and Local Knowledge Spillovers
Author
Summary, in English
This paper challenges one of the fundamental propositions within economic geography; that location in knowledge regions contributes to firm performance in general and especially for knowledge intensive firms that compete on the basis of knowledge. Our analysis of Swedish micro-data on 32,535 firms from 2004-2011 provides evidence that knowledge intensive firms benefit less from local knowledge spillovers than firms with comparably low in-house knowledge. This suggests that firms with high internal competencies can compensate for a lack of local knowledge spillovers and that negative knowledge externalities may make location outside knowledge centers more beneficial for such firms.
Department/s
- CIRCLE
- Department of Business Administration
Publishing year
2015
Language
English
Publication/Series
Papers in Innovation Studies
Volume
2015
Issue
40
Links
Document type
Working paper
Publisher
CIRCLE, Lund University
Topic
- Business Administration
Keywords
- knowledge spillovers
- periphery
- center
- agglomeration
- innovation
- externalities
Status
Published