We examine factors influencing the relative productivity of different geographic locations. Our analysis of the Canadian biotechnology industry during the 1990s reveals that inventive and uninventive locations are distinguishable within small geographic areas corresponding to roughly 7000 postal...

This study offers theory and evidence to demonstrate that the time it takes a firm to integrate external sources of information depends on the attributes of the knowledge source and firm's own internal capabilities. By assessing innovative activities by 456 dedicated U.S. biotechnology firms...

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...

In markets that have forces encouraging the adoption of a dominant design, the size of a technology's installed base and the availability of complementary goods may be the most important factors determining its success or failure. This article examines the path dependent nature of technology...