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Klyngepolitik på et faktabaseret grundlag - Dansk Biotek

Klyngepolitik på et faktabaseret grundlag - Dansk Biotek

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FORA RAPPORT KLYNGEPOLITIK PÅ ET FAKTABASERET GRUNDLAG<br />

Table 2.2 Estimation results including concentration measure<br />

Source SS df MS<br />

Number of obs = 629<br />

Model 2838.770 3 946.256 F( 3, 625) = 1266.36<br />

Residual 467.0167 625 946.257 Prob > F = 0.000<br />

R-squared = 0.859<br />

Total 3305.787 628 5.264 Adj. R-squared = 0.858<br />

Root MSE = 0.864<br />

lnY Coef. Std. Err. t P>t [95% Conf. Interval]<br />

lnL .899 0.0260 34.53 0.000 0.848 0.950<br />

lnK .0497 0.021 2.40 0.017 0.009 0.090<br />

LQ_rc .0339 0.067 0.51 0.611 -0.097 0.165<br />

_cons 1.397 0.160 8.71 0.000 1.082 1.712<br />

Source: Copenhagen Economics and Bureau van Dijk (2009)<br />

Martin, Mayer and Mayneris (2008) argued, based on similar estimations, that the benefits<br />

in terms of productivity gain resulting from proximity to other firms are already internalised<br />

in the firms’ location choice. We argue, based on similar estimates, that concentration in a<br />

cluster is important to the performance of firms, although only indicative, and the reason is<br />

that the concentration of firms allow for provision of cluster based policies that add to the<br />

positive externalities from co-location, and that for a given concentration, policies can make<br />

a difference.<br />

Our statistical analysis on BSR life-science data show a positive effect of increased cluster<br />

concentration: increasing the life-science employment with the six most clustered life science<br />

regions by 10 percent will increase firm productivity by 0.5 percent. Recall that this effect is<br />

related to an increased concentration within the regions that are already concentrated. The<br />

productivity impact of a hypoth<strong>et</strong>ical de-location of an average firm from a nonconcentrated<br />

region to one of the six concentrated regions is like to be much higher.<br />

Furthermore, comparisons with studies such as Henderson (2003) and Martin, Mayer and<br />

Mayneris (2008) cannot be readily made, because these studies estimate the effect over time<br />

while our data is only a cross-section datas<strong>et</strong> for one period. We would expect our LQ effect<br />

to be much higher in a panel datas<strong>et</strong> which includes both data over time and both high LQ<br />

and low LQ regions.<br />

2.2. Investigating the impact of cluster framework conditions<br />

Next, we have added a variable reflecting firm i’s perceived framework conditions as well as<br />

the level of innovation they carry out through the explanatory variable FCi.<br />

α β<br />

Yi Ai<br />

K L i i<br />

= , where<br />

A = f (...) + γFC<br />

(3)<br />

i<br />

i<br />

6<br />

S.116

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