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Knowledge spillovers and firm performance in the high-technology industrial cluster
Authors:Yih-Luan ChyiYee-Man Lai  Wen-Hsien Liu
Institution:a Department of Economics, National Tsing Hua University, No. 101, Section 2, Kuang-Fu Road, Hsinchu 300, Taiwan
b Chung-Hua Institution for Economic Research, 75 Chang-Hsing Street, Taipei 106, Taiwan
c Department of Economics, National Chung Cheng University, 168 University Road, Chiayi 621, Taiwan
Abstract:This paper attempts to empirically investigate the mechanisms underlying growth in Hsinchu high-tech clusters. We emphasize knowledge spillovers as one of the potential factors contributing to agglomeration benefits. This paper sheds light on the impact of external and internal spillovers on firm performance in Hsinchu high-tech clusters. The empirical results provide supporting evidence that the external R&D spillover is statistically significant in explaining net sales of firms in Hsinchu high-tech clusters.
Keywords:L63  O31
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