Location Strategies and Knowledge Spillovers

Given the importance of proximity for knowledge spillovers, we examine firms' location choices expecting differences in firms' strategies. Firms will locate to maximize their net spillovers as a function of locations' knowledge activity, their own capabilities, and competitors' a...

Full description

Saved in:
Bibliographic Details
Published inManagement science Vol. 53; no. 5; pp. 760 - 776
Main Authors Alcacer, Juan, Chung, Wilbur
Format Journal Article
LanguageEnglish
Published Linthicum, MD INFORMS 01.05.2007
Institute for Operations Research and the Management Sciences
SeriesManagement Science
Subjects
Academia
agglomeration economies
Analysis
Applied sciences
Business innovation
Business strategies
Business structures
Competitive advantage
Exact sciences and technology
Firm modelling
High technology industries
Industrial areas
Industrial economics
Industrial organization
Industry
Innovations
Knowledge
Knowledge management
knowledge spillovers
location choice
Location of enterprises
Management science
Operational research and scientific management
Operational research. Management science
Organizational behavior
Site selection
Spillovers
Studies
Technological change
Technological innovation
Technology transfer
United States
United Kingdom
United States > US
Economy
location choice
knowledge spillovers
Agglomeration
Localization
agglomeration economies
Firm strategy
Online AccessGet full text

Cover

More Information
Summary:Given the importance of proximity for knowledge spillovers, we examine firms' location choices expecting differences in firms' strategies. Firms will locate to maximize their net spillovers as a function of locations' knowledge activity, their own capabilities, and competitors' anticipated actions. Using new entrants into the United States from 1985 to 1994, we find that firms favor locations with academic innovative activity. Other results highlight differences in firms' location strategies suggesting that firms consider not only gains from inward knowledge spillovers but also the possible cost of outward spillovers. While less technologically advanced firms favor locations with high levels of industrial innovative activity, technologically advanced firms choose only locations with high levels of academic activity and avoid locations with industrial activity to distance themselves from competitors.
Bibliography:SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 14
ObjectType-Article-2
content type line 23
ISSN:0025-1909
1526-5501
DOI:10.1287/mnsc.1060.0637