Technological advances lead to patent clustering in few states, hindering growth.
The article explores how invention patterns in different U.S. states affect technological progress. By analyzing data from 1963 to 2003, researchers found that states with more technological advances tended to cluster patent production. They also discovered that states catching up to others, rather than leapfrogging ahead, led to more equal invention rates. Additionally, states sharing knowledge had a positive impact on patent growth, while being located in the South or Midwest had a negative effect. These findings suggest that where inventions happen can influence overall technological development.