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Cited by 1,288

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The Geography of Innovation

Feldman, Maryann P.·1994·Economics of Science, Technology and Innovation

Abstract

The geography of innovation refers to the spatial clustering of innovative activity and the advantages conferred by co-location. Economic actors realize gains when located to places with abundant resources, well-developed social networks and the chance for serendipitous encounters: all factors that increase the probability of recognizing opportunity and easily solving problems. Location can lower search costs through localized knowledge spillovers and provide access to external scale and scope economies. Firms are one mechanism for organizing economic activity and social networks are another; geography provides an alternative platform that easily brings together resources external to firm and augments social networks through face-to-face interaction. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Metadata

Authors
Feldman, M. P.
Venue
Economics of Science, Technology and Innovation
Published
1994
Pages
1-6
ISSN
1381-0480 (ISSN-L)
OpenAlex
W309818560
Cited by
1,288
References
0
FWCI
36.37
Type
book
Language
en
Open access
closed

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CoChat. (2026). Citation check: The Geography of Innovation. https://app.cochat.ai/papers/10.1007/978-94-017-3333-5
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Feldman, M. P. (1994). The Geography of Innovation. Economics of Science, Technology and Innovation. https://doi.org/10.1007/978-94-017-3333-5

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