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Knowledge complementarity and innovation

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Abstract

This paper uses an innovation production function to relate the presence of geographically-mediated complementary knowledge resources to the innovative activity of small and large firms. The empirical results suggest that small firm innovation appears to benefit from the presence of external institutions and resources. Although large firm innovative activity benefits from the presence of knowledge resources, location appears to be especially beneficial to small firm innovative activity.

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Feldman, M.P. Knowledge complementarity and innovation. Small Bus Econ 6, 363–372 (1994). https://doi.org/10.1007/BF01065139

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