Location Strategies for Agglomeration Economies

Alcácer, Juan; Chung, Wonzoo

doi:10.2139/ssrn.1555111

Cited by 65 publications

(106 citation statements)

References 22 publications

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“…In other contexts where technological leakages may pose a strategic threat or advantage, scholars have emphasised the different costs of collaboration to leaders and followers. For example, writing about agglomeration economies, regional spillovers and MNE location, Alcácer and Chung (2014) and Chung and Alcacer (2002) find technology leaders care more about accessing scientific resources from locations while technology followers are likely to position themselves to profit from locating in areas where spillovers are prevalent. Agglomerations thus mainly attract technology followers that hope to benefit from spillovers while technology leaders are more likely to pursue specialised scientific assets.…”

Section: Econometric and Measurement Challengesmentioning

confidence: 99%

The Paradox of Openness Revisited: Collaborative Innovation and Patenting by UK Innovators

2015

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a b s t r a c tWe revisit the "paradox of openness" in the literature which consists of two conflicting views on the link between patenting and open innovation-the spillover prevention and the organizational openness views. We use the data from the Survey of Innovation and Patent Use and the Community Innovation Survey (CIS6) in the UK to assess the empirical support for the distinct predictions of these theories. We argue that both patenting and external sourcing (openness) are jointly-determined decisions made by firms. Their relationship is contingent upon whether the firms are technically superior to their rivals and lead in the market or not. Leading firms are more vulnerable to unintended knowledge spillovers during collaboration as compared to followers, and consequently, the increase in patenting due to openness is higher for leaders than for followers. We develop a simple framework that allows us to formally derive the empirical implications of this hypothesis and test it by estimating whether the reduced form relationship between patenting and collaboration is stronger for leaders than for followers.

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Section: Econometric and Measurement Challengesmentioning

confidence: 99%

The Paradox of Openness Revisited: Collaborative Innovation and Patenting by UK Innovators

2015

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“…The most important conclusion is that positive externalities do not only come from the concentration of industrial companies but also from the concentration of service companies, where the tourism sector belongs [33]. Moreover, a number of practical implications around hotel decisions when it comes to choosing their location [34] are derived too, insofar as the advantages brought by being located in a tourist district with a high degree of agglomeration also seem unquestionable.…”

Section: Discussionmentioning

confidence: 99%

Do Hotels Benefit from Agglomeration?

B¹

2016

J Tourism Hospit

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The present article reviews some of the most important works published about the generation of economies of agglomeration in the tourism sector. It has traditionally been argued that hotels and other firms in this sector are geographically concentrated around the resources demanded by tourists (demand-side perspective); however, a number of studies show that supply-side externalities also exist in the tourism sector. The article also refers to the tourist district theory-which is still in its early stages of evolution. The work finishes with a summary of the main conclusions drawn from the study and a suggestion of possible lines of research for the future.

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“…Knowledge outflows may hinder the firm from appropriating the value from its own inventions. Furthermore, as firms are heterogeneous, they will differ in the net benefits they receive from agglomeration economies (Chung and Kalnins, 2001, Shaver and Flyer, 2000, Alcácer and Chung, 2013.…”

Section: Agglomeration Economiesmentioning

confidence: 99%

“…Chinitz (1961) for instance contended that networking intensity between firms will be lower in highly concentrated industry structures. A smaller dispersion of R&D activities will also be associated with less diversity and a poorer content of the regional knowledge base (Feinberg and Gupta, 2004), rendering a close match between the knowledge generated by incumbents and the knowledge base of entrants less likely (Alcácer and Chung, 2013). Cantwell and Mudambi (2011) similarly suggest that industrial concentration reflects a relative closeness of the local innovation system.…”

Section: Propositionsmentioning

confidence: 99%

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Do Technology Leaders Deter Inward R&D Investments? Evidence from Regional R&D Location Decisions in Europe

Belderbos

Somers

2015

SSRN Journal

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Leading technology intensive firms have incentives to protect knowledge outflows to collocated firms in order to enhance the returns to R&D (Alcácer and Zhao, 2012). In this paper we argue that leading firms' knowledge protection strategies are likely to discourage other firms from setting up new R&D establishments in their vicinity. Knowledge protection is facilitated by an R&D organization emphasizing internal knowledge flows drawing on complementary contributions by dispersed R&D units. We examine whether the presence and R&D organization of local technology leaders discourages inward R&D investments in an analysis of the (NUTS-1) regional location of 196 cross-border R&D investment projects in EU-15 countries during [2003][2004][2005][2006][2007][2008]. While the strength of the local relevant technology clusters attracts inward R&D investments, investors are generally discouraged by the concentration of technology activities due to the presence of regional technology leaders in the industry. This discouraging effect occurs specifically in case the leaders exhibit an internally oriented R&D organization drawing on cross-border intra-firm knowledge flows in their technology development activities. Our study challenges the common notion in the literature on clusters and innovation that agglomeration is generally associated with greater knowledge spillovers.

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Location Strategies for Agglomeration Economies

Cited by 65 publications

References 22 publications

The Paradox of Openness Revisited: Collaborative Innovation and Patenting by UK Innovators

The Paradox of Openness Revisited: Collaborative Innovation and Patenting by UK Innovators

Do Hotels Benefit from Agglomeration?

Do Technology Leaders Deter Inward R&D Investments? Evidence from Regional R&D Location Decisions in Europe

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