High-tech Clusters, Technology Spillovers and Trade Secret Laws

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High-tech Clusters, Technology Spillovers and Trade Secret Laws

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dc.contributor.author Fosfuri, Andrea en_US
dc.contributor.author Røende, Thomas en_US
dc.date.accessioned 2009-02-04T10:24:49Z
dc.date.available 2009-02-04T10:24:49Z
dc.date.issued 2004-06-15T00:00:00Z en_US
dc.identifier.uri http://hdl.handle.net/10398/6784
dc.description.abstract Abstract We analyze firms’ incentives to cluster in an industrial district to benefit from reciprocal technology spillovers. A simple model of cumulative innovation is presented where technology spillovers arise endogenously through labor mobility. It is shown that firms’ incentives to cluster are the strongest when the following three conditions are met: 1) technological progress is rapid; 2) competition in the product market is relatively soft; 3) the probability of a single firm to develop an innovation is neither very high nor very low. We show that some trade secret protection is always beneficial for firms’ profits and stimulates clustering. Excessive protection may impede technology spillovers and reduce firms’ incentives to cluster. JEL Codes: J3, K2, L1, O32, O34. Keywords: Cumulative innovation, industrial districts, intellectual property rights, technology spillovers. en_US
dc.format.extent 22 s. en_US
dc.language eng en_US
dc.relation.ispartofseries LEFIC Working paper;2002-13 en_US
dc.subject.other kep en_US
dc.title High-tech Clusters, Technology Spillovers and Trade Secret Laws en_US
dc.type wp en_US
dc.accessionstatus modt04jun15 mielmo en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Center for Law, Economics & Financial Institutions
dc.contributor.departmentshort LEFIC en_US
dc.contributor.departmentuk Center for Law, Economics & Financial Institutions
dc.contributor.departmentukshort LEFIC
dc.idnumber x656409346 en_US
dc.publisher.city København en_US
dc.publisher.year 2002 en_US


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