TY - JOUR
T1 - The role of interregional and inter-sectoral knowledge spillovers on regional knowledge creation across US metropolitan counties
AU - Kekezi, Orsa
AU - Dall’erba, Sandy
AU - Kang, Dongwoo
N1 - Funding Information:
The results for the mechanical sector show a slightly different picture as they benefit from long-distance intra-sectoral spillovers and short-distance university knowledge externalities. In the United States, the link between academic research and this field has a long history that started with the 1862 Morrill Act, which granted land for the establishment of one college focusing on agriculture and mechanical engineering per state. This link carries on today through initiatives such as the Industry–University Cooperative Research Centers or other funding from the NSF and has been fostered through the 1980 Bayh–Dole Act that let universities retain ownership of the inventions that result from federal funding.
Funding Information:
This study was supported, in part, by the National Science Foundation (NSF) [grant number SMA-1158172]. Any opinions, findings and conclusions or recommendations expressed in this article are those of the authors and do not reflect the views of the NSF. The authors thank the participants at the 2017 Agricultural and Applied Economics Annual Meeting, the 2017 North American Regional Science Association meeting, and the 55th Annual Meeting of Western Regional Science Association for their feedback to a previous version of this manuscript.
Publisher Copyright:
© 2022 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.
PY - 2022
Y1 - 2022
N2 - This paper relies on a regional knowledge production function to examine the heterogeneous determinants of knowledge creation across five US manufacturing sectors and 853 metropolitan counties over the period 2001–08. Using a Tobit model with state fixed effects, the results indicate that local intra- and inter-sectoral research and development (R&D) investments by the private sector as well as university R&D play a key role in knowledge creation across all sectors under study. We also find that the role of short- versus long-distance interregional spillovers on knowledge creation varies greatly across sectors. These key features improve the design of future local and national innovation policies.
AB - This paper relies on a regional knowledge production function to examine the heterogeneous determinants of knowledge creation across five US manufacturing sectors and 853 metropolitan counties over the period 2001–08. Using a Tobit model with state fixed effects, the results indicate that local intra- and inter-sectoral research and development (R&D) investments by the private sector as well as university R&D play a key role in knowledge creation across all sectors under study. We also find that the role of short- versus long-distance interregional spillovers on knowledge creation varies greatly across sectors. These key features improve the design of future local and national innovation policies.
KW - knowledge production function
KW - knowledge spillovers
KW - panel Tobit model
KW - sectoral heterogeneity
UR - http://www.scopus.com/inward/record.url?scp=85126793635&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85126793635&partnerID=8YFLogxK
U2 - 10.1080/17421772.2022.2045344
DO - 10.1080/17421772.2022.2045344
M3 - Article
AN - SCOPUS:85126793635
SN - 1742-1772
VL - 17
SP - 291
EP - 310
JO - Spatial Economic Analysis
JF - Spatial Economic Analysis
IS - 3
ER -