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The development of new industries demands access to local capabilities. Little attention has yet been paid to the role of spillovers from neighbour regions for industrial diversification, nor has the role of network linkages between neighbour regions been investigated. As the spread of capabilities has a strong geographical bias, we expect regions to develop new industries in which their neighbour regions are specialized. To test this hypothesis, we analyse the development of new industries in US states during the period 2000-2012. We show that a US state has a higher probability of developing a comparative advantage in a new industry if a neighbour state is specialized in that industry. We also show that neighbour US states have more similar export structures. This export similarity seems to be explained by higher social connectivity between neighbour states, as embodied in their bilateral migration patterns. [ABSTRACT FROM AUTHOR]

This article examines the role of academic and private R&D spending in the frame of a knowledge production function estimated across 3,109 US counties. We distinguish the role of local, face-to-face, knowledge spillovers that are determined by geographical proximity from distant spillovers captured by a matrix of patent creation-citation flows. The advantage of the latter matrix is its capacity to capture the direction of the spillovers. We control for the spatial heterogeneity between metropolitan and nonmetropolitan counties as well as between states. Our empirical results show that spillovers due to private knowledge contribute to higher returns in metropolitan counties than in nonmetropolitan regions. On the other hand, knowledge created in the academia leads to spillovers displaying spatially homogeneous returns. Our results imply that future innovation policies need to grasp more fully the role of distant knowledge spillovers, especially those generated in the academia, and recognize better the presence of heterogeneity in the sources and location of knowledge creation. [ABSTRACT FROM AUTHOR]

This paper aims at contributing to the research on knowledge spillovers and their spatial extent by presenting new empirical evidence on a key mechanism driving and directing knowledge diffusion processes, namely, the mobility of knowledge and highly-skilled workers. The analysis is based on a rich data set on US inventors and their patents filed at the European Patent Office from 1978 to 2004. Findings indicate that two distinctive spatial patterns can be detected: inventors move both at short and large spatial distances (i.e., three hours and more than 8 hours driving distance, respectively) in similar proportions. Interestingly, in the largest innovative urban areas inventors' inflows and outflows primarily involve distant rather than neighbour areas. [ABSTRACT FROM AUTHOR]

Abstract: We investigate the rise of industrial research laboratories in the U.S. pharmaceutical industry from 1927 to 1946. Our analysis demonstrates that the growth of industrial pharmaceutical laboratories is positively and significantly correlated with the extent of local university research, after controlling for other observables and correcting for simultaneity bias using instrumental variables. Overall, our analyses suggest that while the presence of industrial facilities helped shape the direction of university research programs in some cases, there was a significant, positive, and causal effect running from university research to the growth of pharmaceutical research laboratories in the first half of the twentieth century in the United States. [Copyright &y& Elsevier]