*Message sent from a system outside of UConn.* The new Industry and Innovation is out! Access the new issue here<https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.tandfonline.com%2Ftoc%2Fciai20%2F27%2F5%3Fnav%3DtocList&data=02%7C01%7CECONOMICGEOGRAPHY-L%40LISTSERV.UCONN.EDU%7Ca548e14d779e4ad8f08808d807bfc058%7C17f1a87e2a254eaab9df9d439034b080%7C0%7C0%7C637267867446075863&sdata=FudniHEBSnyD8JolLmMOh0MGJqSaCekjqhZmDe1T2ko%3D&reserved=0>! Articles in Industry and Innovation 27/5:
Research Articles Economic crisis and firm exit: do intangibles matter?<https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.tandfonline.com%2Fdoi%2Ffull%2F10.1080%2F13662716.2018.1544065&data=02%7C01%7CECONOMICGEOGRAPHY-L%40LISTSERV.UCONN.EDU%7Ca548e14d779e4ad8f08808d807bfc058%7C17f1a87e2a254eaab9df9d439034b080%7C0%7C0%7C637267867446075863&sdata=xscBUNi8ckN7luy%2BEj%2Fg3Th3fIXpw676x1PP7fDAPrI%3D&reserved=0> By: Fabio Landini, Alessandro Arrighetti & Andrea Lasagni Abstract: The financial crisis has caused many business closures, especially in the periphery of the European Monetary Union. In this paper, we use original firm-level Italian data to explore the role of intangibles in limiting firm exit during the crisis. While intangibles strengthen firms' resilience, i.e. the ability to cope with unexpected shocks, they also entail sunk costs, which expose firms to greater financial risk. In the longer term, when access to external finance is critical for survival, we expect intangibles to play a positive role only if combined with a solid financial structure. Our results support these hypotheses: intangibles directly reduce the probability of firm exit during the initial phase of the crisis (before 2010). At later stages, the beneficial effect of intangible assets is conditional on the firm exhibiting a solid pre-crisis financial status. Managerial and policy implications are discussed. Knowledge-intensive sectors and the role of collective performance-related pay<https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.tandfonline.com%2Fdoi%2Ffull%2F10.1080%2F13662716.2018.1561359&data=02%7C01%7CECONOMICGEOGRAPHY-L%40LISTSERV.UCONN.EDU%7Ca548e14d779e4ad8f08808d807bfc058%7C17f1a87e2a254eaab9df9d439034b080%7C0%7C0%7C637267867446075863&sdata=kbL6MMhn87b4JvOSAqiUANF6tWSLX%2FVCbhkhhj%2B1dvg%3D&reserved=0> By: Stefania Cardinaleschi, Mirella Damiani & Fabrizio Pompei Abstract: The main contribution of this study is showing that the efficiency effects of collective performance-related pay (CPRP) are more pronounced in knowledge-intensive service sectors (KISs) than in other sectors. The hypothesis is that human resource practices such as CPRP are particularly useful for enhancing firm performance when innovation-supporting knowledge is distributed among multiple skill sets and employee creativity, knowledge creation and knowledge sharing are key success factors for the firm. Cross-sectional estimates obtained for a national sample of approximately 3,800 Italian firms confirm this prediction. These results are validated by adopting a treatment effect approach to solve the self-selection problem. The importance of geographical distance to different types of R&D collaboration in the pharmaceutical industry<https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.tandfonline.com%2Fdoi%2Ffull%2F10.1080%2F13662716.2018.1561361&data=02%7C01%7CECONOMICGEOGRAPHY-L%40LISTSERV.UCONN.EDU%7Ca548e14d779e4ad8f08808d807bfc058%7C17f1a87e2a254eaab9df9d439034b080%7C0%7C0%7C637267867446075863&sdata=vGmuWOCekLhc2YlDcWhWDQOXUTu9wK0OmmrD0lpM4Ew%3D&reserved=0> By: Francesca Bignami, Pauline Mattsson & Jarno Hoekman Abstract: Innovation within companies is generated by a combination of different types of knowledge from external and geographically dispersed sources. Although the geographical dimension of collaboration has previously been investigated, studies have not distinguished between different types of knowledge involved in collaboration. This article analyses how the number of collaborations between pharmaceutical multinational companies (MNCs) and external organizations is affected by geographical distance, distinguishing between four knowledge types: basic science, clinical science, core knowledge, and exploration knowledge. We use co-publications as a proxy for collaborations. Our results show that collaborations in basic science and core knowledge areas are more negatively affected by geographical distance than collaborations within clinical science and exploration knowledge areas. This suggests that the importance of geographic proximity depends on the type of knowledge that is being transferred in R&D collaborations. Our results have implications for companiesĀ“ collaboration strategies and their choices for the R&D sitesĀ“ location. Agglomeration and innovation of knowledge intensive business services<https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.tandfonline.com%2Fdoi%2Ffull%2F10.1080%2F13662716.2019.1573660&data=02%7C01%7CECONOMICGEOGRAPHY-L%40LISTSERV.UCONN.EDU%7Ca548e14d779e4ad8f08808d807bfc058%7C17f1a87e2a254eaab9df9d439034b080%7C0%7C0%7C637267867446075863&sdata=mIZkP06KjYJbkfmjQa6slAD3%2Bs5Pasvgx%2FEEp5iDKdw%3D&reserved=0> By: Orsa Kekezi & Johan Klaesson Abstract: For some time now, the research focusing on Knowledge Intensive Business Services (KIBS) has been very active. Observing that knowledge as a production factor is only becoming more and more pronounced, this focus is well-grounded. It is therefore important to examine how these knowledge-hubs gain and propagate their knowledge. We hypothesize that KIBS (as many other sectors) benefit from intra-industry knowledge spillovers facilitated by geographical concentration. Our focus is the innovative capacity of KIBS, which we measure through trademarks registered by KIBS firms. While there may be several mechanisms facilitating knowledge spillovers, we can identify local intra-sectoral labor mobility as one. Accessibility measures are used to assess the geographical attenuation of the spillover effects. Results show that the distance decay of spillovers is fast. Only local concentrations of KIBS seem to be of importance. Over longer distances, we instead observe negative consequences for trademarking, indicating possible spatial competition effects. The invisible college of cluster research: a bibliometric core-periphery analysis of the literature<https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.tandfonline.com%2Fdoi%2Ffull%2F10.1080%2F13662716.2018.1538872&data=02%7C01%7CECONOMICGEOGRAPHY-L%40LISTSERV.UCONN.EDU%7Ca548e14d779e4ad8f08808d807bfc058%7C17f1a87e2a254eaab9df9d439034b080%7C0%7C0%7C637267867446075863&sdata=KNkfM8VSBrVFAkYAH%2BS05D3zyMbfGosYnfFDxBrECK4%3D&reserved=0> By: S.R. Sedita , A. Caloffi & L. Lazzeretti Absract: This paper explores the evolutionary trajectories of cluster research, building upon the sociology of science concept of the invisible college, and it undertakes a core-periphery analysis of the literature. We build a database that includes 8,381 articles, collected from Web of Science, that cite the foundational works of cluster research, and we perform a longitudinal analysis of its evolution from 1985 onward, identifying the core and periphery, in terms of keywords and concepts, for each period (six-year window). We find evidence that cluster research has a core-periphery structure. Literature develops thanks to new inputs from the periphery, which increases over time as the core progressively shrinks. The periphery becomes fragmented and is characterised by subgroups of small communities. Drawing on the metaphor of the invisible college, we argue that this evolutionary trajectory is not exclusive of the cluster but might possibly characterise other scientific concepts.