Aharonson, Barak S.; Baum, Joel A. C.; Feldman, Maryann P. - In: Industrial and Corporate Change 16 (2007) 1, pp. 89-130
Using detailed data on Canadian biotechnology firms during the 1990s, we explore the geographic scope of knowledge spillovers and the balance spillover-seeking and expropriation-avoidance in entrants’ locations. Our findings indicate that knowledge spillovers are highly localized, with...