G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w6414
来源IDWorking Paper 6414
Fundamentals or Population Dynamics and the Geographic Distribution of U.S. Biotechnology Enterprises, 1976-1989
Lynne G. Zucker; Michael R. Darby; Yusheng Peng
发表日期1998-02-01
出版年1998
语种英语
摘要Population ecology models are elegant in form and adequate in describing aggregate data, but poor in telling stories and predicting the location of growth. Fundamentals models emphasizing the variables central to resource mobilization, such as intellectual human capital, can predict where and when biotechnology enterprises emerge and agglomerate. Density dependence and previous founding dependence proxy many underlying processes; the legitimation and competition interpretation is more conjectural than empirically tenable. We argue and demonstrate for biotechnology that an alternative model based on the fundamentals related to resource reallocation and mobilization provides a stronger frame to explore industry formation. Fundamentals models outperform population ecology models in the estimations, while a combined model driven by fundamentals but incorporating weak population dynamics does best. In repeated dynamic simulations, the population ecology model predictions are essentially uncorrelated with the panel data on biotechnology entry by year and region while the combined model has correlation coefficients averaging above 0.8.
主题Regional and Urban Economics ; Regional Economics ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w6414
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/563928
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Lynne G. Zucker,Michael R. Darby,Yusheng Peng. Fundamentals or Population Dynamics and the Geographic Distribution of U.S. Biotechnology Enterprises, 1976-1989. 1998.
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