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Research output: Working paper
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TY - UNPB
T1 - Innovation across cities
AU - Soo, Kwok Tong
PY - 2015/12
Y1 - 2015/12
N2 - This paper examines the distribution of patenting activity across cities in the OECD, using a sample of 218 cities from 2000 to 2008. We obtain three main results. First, patenting activity is more concentrated than population and GDP. Second, patenting activity is less persistent than population and GDP. Third, patenting exhibits mean-reversion, and is positively associated with GDP, the fragmentation of local government, and population density. Our results suggest that policymakers can influence the amount of innovative activity through the use of appropriate policies.
AB - This paper examines the distribution of patenting activity across cities in the OECD, using a sample of 218 cities from 2000 to 2008. We obtain three main results. First, patenting activity is more concentrated than population and GDP. Second, patenting activity is less persistent than population and GDP. Third, patenting exhibits mean-reversion, and is positively associated with GDP, the fragmentation of local government, and population density. Our results suggest that policymakers can influence the amount of innovative activity through the use of appropriate policies.
KW - Patents
KW - Zipf’s Law
KW - transition probability
KW - dynamic panel data
M3 - Working paper
T3 - Economics Working Paper Series
BT - Innovation across cities
PB - Lancaster University, Department of Economics
CY - Lancaster
ER -