Agglomeration of Invention in the Bay Area: Not Just ICT-Reference-Cited by-同舟云学术

Agglomeration of Invention in the Bay Area: Not Just ICT

Published:2016-05-01 Issue:5 Volume:106 Page:146-151
ISSN:0002-8282
Container-title:American Economic Review
language:en
Short-container-title:American Economic Review

Author:

Forman Chris¹,Goldfarb Avi²,Greenstein Shane³

Affiliation:

1. Scheller College of Business, Georgia Institute of Technology, 800 West Peachtree Street NW, Atlanta, GA 30308 (e-mail: )

2. Rotman School of Management, University of Toronto, 105 St. George Street, Toronto, ON M5S 3E6, Canada (e-mail: )

3. Harvard Business School, Harvard University, Morgan Hall 439, Boston, MA 02138 (e-mail: )

Abstract

We document that the Bay Area rose from 4% of all successful US patent applications in 1976 to 16% in 2008. This is partly driven by the increase in the prevalence of information and communication technology; however, even for patents unrelated to information and communication technology, we see a disproportionate increase in the share of US patents from the Bay Area. We interpret this growth as a trend to coagglomeration in invention across technologies, and explore different dimensions of this trend.

Publisher

American Economic Association

Subject

Economics and Econometrics

Link

https://pubs.aeaweb.org/doi/pdf/10.1257/aer.p20161018

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