G2TT
来源类型Discussion paper
规范类型论文
来源IDDP13568
DP13568 On the Economics of Science Parks
Wen-Jung Liang; Chao-Cheng Mai; Jacques-François Thisse; Ping Wang
发表日期2019-03-04
出版年2019
语种英语
摘要Science parks play a growing in knowledge-based economies by accommodating high-tech firms and providing an environment that fosters location-dependent knowledge spillovers and promote R&D investments by firms. Yet, not much is known about the economic conditions under which such entities may form in equilibrium without government interventions. This paper develops a spatial equilibrium model with a competitive final sector and a monopolistic competitive intermediate sector, which allows us to determine necessary and sufficient conditions for a science park to emerge as an equilibrium outcome. We show that strong localized knowledge spillovers, high startup costs, skilled labor abundance, or low commuting costs make intermediate firms more likely to cluster and a science park more likely to form. We also show that the productivity of the final sector is highest when intermediate firms cluster. As the decay penalty, firms' startup and workers' commuting costs become lower, science parks will eventually be fragmented
主题International Trade and Regional Economics
关键词Science parks Knowledge spillovers Intermediate inputs Land use Research & development
URLhttps://cepr.org/publications/dp13568
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/542425
推荐引用方式
GB/T 7714
Wen-Jung Liang,Chao-Cheng Mai,Jacques-François Thisse,et al. DP13568 On the Economics of Science Parks. 2019.
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