High Technology Employment, Wages And University R&D Spillovers: Evidence From Us Cities

Abstract
Using 4 years of data from 36 American cities and 6 high technology groupings we present thc first estimates of University R&D spillover effects on ctnployrnent at this level of disag-gregation, while controlling for wages, prior innovations, state fixed efrccts, and saniple selectivity hias. We find robust evidence that lagged and disaggrcgated university R&D is a significant determinant of city high technology employment and some evidence for employment effects of innovation.High technology, Employment, R&D spillovers, Externalities, Clusters JEL Classifications: 523, 544, 030,

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