The Anchor Tenant Hypothesis: Exploring the Role of Large, Local, R&D-Intensive Firms in Regional Innovation Systems

Ajay Agrawal, Iain Cockburn · 2007 · SSRN Electronic Journal

Summary. Large, R&D-intensive firms acting as anchor tenants strengthen regional innovation systems by improving how local universities' research translates into commercial innovation. The authors examined three technology areas and found that regions with such anchor firms convert academic research into local industrial R&D more effectively than regions without them, despite similar university research presence across regions.

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Agrawal, A., & Cockburn, I.. (2007). The Anchor Tenant Hypothesis: Exploring the Role of Large, Local, R&D-Intensive Firms in Regional Innovation Systems. SSRN Electronic Journal. https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID982667_code333030.pdf?abstractid=982667&mirid=1&type=2

@article{agrawal-2007-anchor-tenant-hypothesis-exploring-role,
  title   = {The Anchor Tenant Hypothesis: Exploring the Role of Large, Local, R&D-Intensive Firms in Regional Innovation Systems},
  author  = {Ajay Agrawal and Iain Cockburn},
  journal = {SSRN Electronic Journal},
  year    = {2007},
  url     = {https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID982667_code333030.pdf?abstractid=982667&mirid=1&type=2}
}

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Details

Countries: United States, Canada
Regions: North America
Categories: regional-innovation-systems, innovation-networks, general-innovation
Added: 2026-04-28