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This chapter reviews academic research on the connections between agglomeration and innovation. We first describe the … conceptual distinctions between invention and innovation. We then discuss how these factors are frequently measured in the data … and industrial diversity) that theoretical and empirical work links to innovation, and we discuss factors that help …
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Policy makers in both developed and developing countries want to accelerate spatial development, make cities more competitive, attract new entrepreneurs, boost economic growth, and promote job creation. These are commendable goals given that city populations in developing countries are expected...
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William Kerr’s analysis looked at how knowledge is transferred across countries through ethnic research communities. He finds that the ethnic composition of inventors in a company affects where a firm decides to invest. The idea is that if a company has a core set of researchers from a...
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This Economic Premise examines the link between highways and spatial development. The Golden Quadrilateral (GQ) highway project in India—5,846 km of highways linking four major urban hubs—improved the connectivity and market accessibility of districts close to the highway compared to those...
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