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Nursery Cities: Urban Diversity, Process Innovation and the Life-Cycle of Products
Gilles Duranton,Diego Puga +1 more
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In this paper, a simple model of process innovation is proposed, where firms learn about their ideal production process by making prototypes and switch to mass-production and relocate to specialised cities with lower costs.Abstract:
A simple model of process innovation is proposed, where firms learn about their ideal production process by making prototypes. We build around this a dynamic general equilibrium model, and derive conditions under which diversified and specialised cities coexist. New products are developed in diversified cities, trying processes borrowed from different activities. On finding their ideal process, firms switch to mass-production and relocate to specialised cities with lower costs. When in equilibrium, this configuration welfare-dominates those with only diversified or only specialised cities. We find strong evidence of this relocation pattern in establishment relocations across French employment areas 1993u1996.read more
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The Rise of American Ingenuity: Innovation and Inventors of the Golden Age
TL;DR: In this paper, the authors examine the golden age of US innovation by linking US patents to state and county-level aggregates and matching inventors to Federal Censuses between 1880 and 1940.
Spatial Inequality and Economic Development: Theories, Facts, and Policies
TL;DR: This article examined the theoretical and empirical literature on spatial inequality to learn what we know and do not know about the causes of spatial inequality, to investigate what policies may or may not ameliorate spatial inequality and to determine whether policy makers can identify and implement policies that promote or reduce spatial inequality.
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Cluster life cycle and diaspora effects: Evidence from the Indian IT cluster in Bangalore
Petra Sonderegger,Florian Taübe +1 more
TL;DR: In this paper, the authors extend the local view of clusters and emphasize the complementary role of non-local linkages, in particular diasporas, illustrating their model employing the case of the evolution of the Bangalore IT cluster.
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Buzz, Archipelago Economies and the Future of Intermediate and Peripheral Areas in a Spiky World
TL;DR: In this paper, the authors argue that the main solution being proposed, interactive learning through the promotion of local agglomeration (buzz option), may yield limited results, if at all, as it would stifle the circulation of new knowledge and lead to lock-in.
ReportDOI
Buy Local? The Geography of Successful and Unsuccessful Venture Capital Expansion
TL;DR: In this paper, the authors document geographic concentration by both venture capital firms and venture capital-financed companies in three cities -San Francisco, Boston, and New York -and find that firms open new satellite offices based on the success rate of VC-backed investments in an area.
References
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Book
Principles of Economics
TL;DR: In this article, the authors present a survey of the general relations of demand, supply, and value in terms of land, labour, capital, and industrial organization, with an emphasis on the fertility of land.
Book
The Economy of Cities
TL;DR: In this article, the authors studied the economy of cities and the main social problems that humanity has and the greatest source of creativity, innovation and development opportunities to solve those problems, which is relevant for a number of reasons: first of all, because most of the planet's population is grouped in them.
Posted Content
Growth in Cities
Edward L. Glaeser,Edward L. Glaeser,Edward L. Glaeser,Hedi Kallal,Jose A. Scheinkman,Jose A. Scheinkman,Jose A. Scheinkman,Andrei Shleifer,Andrei Shleifer +8 more
TL;DR: In this paper, the authors used a new data set on the growth of large industries in 170 U.S. cities between 1956 and 1987 and found that local competition and urban variety, but not regional specialization, encourage employment growth in industries.
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Innovation in cities: Science-based diversity, specialization and localized competition
TL;DR: In this article, the authors consider the effect of the composition of economic activity on innovation and test whether the specialization of economic activities within a narrow concentrated set of activities is more conducive to knowledge spillovers or if diversity, by bringing together complementary activities, better promotes innovation.
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Original Innovation, Learnt Innovation and Cities: Evidence from UK SMEs:
Neil Lee,Andrés Rodríguez-Pose +1 more