Regional Innovation Potential

The Case of the U.S. Machine Tool Industry

Steven R. Nivin

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Hardback

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English

Routledge
24 November 2017

Economics of industrial organisation; Manufacturing industries; Tool making

Series: Routledge Revivals

This title was first published in 2000: Steven Nivin analyzes a process vital to economic development - technological change. He furthers understanding of the processes driving innovation, so that we may gain a deeper insight into the development of economies. Specifically, the study explores the concept of innovation potential and the factors that result in variations in innovation potential across metropolitan areas, using the US machine tool industry as a case study. To provide a comparison, the same models are also estimated for the semiconductor industry. The findings indicate that urbanisation economies, localization economies, human capital, universities, and invention-derived knowledge are significant factors. The study assesses the contributions of three different skill levels of human capital; college-educated, graduate degree, and locally produced PhD’s in mechanical and electrical engineering. Only the graduate and PhD degree measures are found to be significant, indicating the importance of having a highly skilled pool of labour within the region. The influences of the factors appear to be similar across industries, with some slight differences. The transfer of knowledge through patents is also studied. It is found that the transmission of this knowledge is slower between different industries, relative to the transmission within the same industry.

By: Steven R. Nivin
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 216mm, Width: 148mm,
Weight: 453g
ISBN: 9781138717091
ISBN 10: 1138717096
Series: Routledge Revivals
Pages: 172
Publication Date: 24 November 2017
Audience: College/higher education , Professional and scholarly , Primary , Undergraduate
Format: Hardback
Publisher's Status: Active

Contents: Introduction; The development of the machine tool industry; What stimulates invention? A review of the literature; Innovation potential: a structured inquiry; Factors influencing the development of innovation potential; Summary and implications; Appendices; Bibliography.

Nivin, Steven R.