TY - JOUR
T1 - Regional Dynamics of Innovation
T2 - Investigating the Co-evolution of Patents, Research and Development (R&D), and Employment
AU - Buerger, Matthias
AU - Broekel, Tom
AU - Coad, Alex
PY - 2012/5
Y1 - 2012/5
N2 - Buerger M., Broekel T. and Coad A. Regional dynamics of innovation: investigating the co-evolution of patents, research and development (R&D), and employment, Regional Studies. This paper investigates the lead-lag relationships between the growth rates of patents, research and development (R&D), and employment for German regions over the period 1999-2005. The panel data set employed includes information on four two-digit industries. The results obtained from a vector autoregression model show that an increase in patents is associated with subsequent growth of employment in the medical and optical equipment industry as well as in the Electrics and electronics industry. With respect to the latter, the growth of patents is also associated with subsequent growth of R&D. Neither of these effects can be found for both the Chemicals and the Transport equipment industries.
AB - Buerger M., Broekel T. and Coad A. Regional dynamics of innovation: investigating the co-evolution of patents, research and development (R&D), and employment, Regional Studies. This paper investigates the lead-lag relationships between the growth rates of patents, research and development (R&D), and employment for German regions over the period 1999-2005. The panel data set employed includes information on four two-digit industries. The results obtained from a vector autoregression model show that an increase in patents is associated with subsequent growth of employment in the medical and optical equipment industry as well as in the Electrics and electronics industry. With respect to the latter, the growth of patents is also associated with subsequent growth of R&D. Neither of these effects can be found for both the Chemicals and the Transport equipment industries.
KW - Innovation
KW - Patents
KW - Regional growth
KW - Vector autoregression (VAR)
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U2 - 10.1080/00343404.2010.520693
DO - 10.1080/00343404.2010.520693
M3 - Article
AN - SCOPUS:84860193145
VL - 46
SP - 565
EP - 582
JO - Regional Studies
JF - Regional Studies
SN - 0034-3404
IS - 5
ER -