Skip to main content

Research Repository

Advanced Search

Nature of technology and location effects on firm performance in the US medical device industry

Rao-Nicholson, Rekha; Khan, Zaheer; Akhtar, Pervaiz


Rekha Rao-Nicholson

Zaheer Khan

Pervaiz Akhtar


This paper examines the location effects on firm performance (sales, employment and market value) by analyzing geographical and technological proximities in the US medical device industry. The nature of technology is introduced as a new way to scrutinize the impact of various proximities, and the findings indicate that the geographical and technological proximity in itself does not affect performance, whereas the spatially-mediated technological proximity, characterized by the technological proximity within a cluster, positively influences the performance of medical device firms. The paper addresses an important theoretical question. It consequently contributes to the effects of different proximities and nature of technology on firm performance and provides relative managerial implications interlocked with insights obtained from the medical industry.


Rao-Nicholson, R., Khan, Z., & Akhtar, P. (2019). Nature of technology and location effects on firm performance in the US medical device industry. Economics of Innovation and New Technology, 28(5), 498-517.

Journal Article Type Article
Acceptance Date Oct 4, 2018
Online Publication Date Nov 7, 2018
Publication Date 2019
Deposit Date Jan 3, 2019
Publicly Available Date May 8, 2020
Print ISSN 1043-8599
Publisher Taylor & Francis (Routledge)
Peer Reviewed Peer Reviewed
Volume 28
Issue 5
Pages 498-517
Keywords Location; Geographic and technological proximity; Firm performance; Medical device industry
Public URL
Publisher URL


You might also like

Downloadable Citations