Why some regions are more innovative than others

Ajay K. Agrawal, Iain M. Cockburn, Alberto Galasso, Alexander Oettl, 23 December 2013

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A striking feature of economic geography is the large variation in productivity across regions. Moretti (2011) documents that after adjusting for skill composition, average wages in the highest and lowest paying US metropolitan areas differ by approximately a factor of three. Such dispersion is also evident when one compares innovation outcomes across regions.

Topics: Productivity and Innovation
Tags: firm size, innovation activity, inventors

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