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Author:Agrawal, A.
Cockburn, I.
Title:The anchor tenant hypothesis: exploring the role of large, local, R&D -intensive firms in regional innovation systems
Journal:International Journal of Industrial Organization
2003 : NOV, VOL. 21:9, p. 1227-1253
Index terms:Innovation
R&D
Technology transfer
Companies
Universities
Language:eng
Abstract:This paper examines the geographic co-location of university research and industrial R&D in three technology areas. While strong evidence of co-location of these vertically connected activities is found, regional economies appear to vary markedly in their ability to convert local academic research into local commercial innovation. This paper develops and tests the hypothesis that the presence of a large, local, R&D-intensive firm - an anchor tenant - enhances the regional innovation system such that local university research is more likely to be absorbed by and to stimulate local industrial R&D.
SCIMA record nr: 248791
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