@techreport{2482a97b6d244245b92f3c03fb047ed7,
title = "Firm Performance in the Periphery: On the Relation between Firm-Internal Knowledge and Local Knowledge Spillovers",
abstract = "This paper challenges one of the fundamental propositions within economic geography; that location in knowledge regions contributes to firm performance in general and especially for knowledge intensive firms that compete on the basis of knowledge. Our analysis of Swedish micro-data on 32,535 firms from 2004-2011 provides evidence that knowledge intensive firms benefit less from local knowledge spillovers than firms with comparably low in-house knowledge. This suggests that firms with high internal competencies can compensate for a lack of local knowledge spillovers and that negative knowledge externalities may make location outside knowledge centers more beneficial for such firms.",
keywords = "knowledge spillovers, periphery, center, agglomeration, innovation, externalities",
author = "Markus Grillitsch and Magnus Nilsson",
year = "2015",
language = "English",
volume = "2015",
series = "Papers in Innovation Studies",
publisher = "CIRCLE, Lund University",
number = "40",
type = "WorkingPaper",
institution = "CIRCLE, Lund University",
}