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Project Description

Summary:  View help for Summary
The high-tech sector is increasingly  concentrated in a small number of cities.  I use longitudinal data on 109,846  inventors  to quantify the productivity advantages of Silicon-Valley style clusters.  
I find significant productivity gains from geographical agglomeration. When an inventor moves to a city with a larger cluster of inventors in the same field, she experiences a significant increase in the number and quality of patents produced. A case study based on an exogenous  shock to Rochester’s high tech cluster confirms the  magnitude of  agglomeration benefits.  
The agglomeration of inventors generates sizable gains in the aggregate number of patents produced in the US.

Scope of Project

Subject Terms:  View help for Subject Terms economic geography
JEL Classification:  View help for JEL Classification
      J01 Labor Economics: General


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