Successful technology transfer can spur growth in local economies. There are now over 800 business incubators in the USA. Many of the firms housed within these incubators offer new technologies that hold the promise of creating jobs in the local economies surrounding these incubators. Using...

We identify negative spillovers exerted by large, successful manufacturing plants on other local production facilities in China. A short-lived alliance between the U.S.S.R. and China led to the construction of 150 "Million-Rouble plants" in the 1950s. Our identification strategy exploits the...

In 2002 the Indian government targeted the new state of Uttarakhand with massive improvements in infrastructure, a generous investment subsidy, and a complete exemption from corporate and excise taxes. I estimate the causal effect of this policy on economic development by exploiting the spatial...

This book provides a theoretical framework to explain the formation and growth of economic agglomerations and industrial clusters from the viewpoint of spatial economics, and goes on to present current examples of clustering and policy in different economies