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R&D, spillovers, innovation systems and the genesis of regional growth in Europe
[journal article]
Abstract Research on the impact of innovation on regional economic performance in Europe has fundamentally followed three approaches: the 'linear model' of innovation; regional innovation systems; and knowledge spillovers. Important operational and methodological barriers have however thwarted any potential ... view more
Research on the impact of innovation on regional economic performance in Europe has fundamentally followed three approaches: the 'linear model' of innovation; regional innovation systems; and knowledge spillovers. Important operational and methodological barriers have however thwarted any potential cross-fertilization. In this paper we try to fill this gap by combining R&D, spillovers and innovation systems in one model for regions of the EU-25. The empirical results highlight how the interaction between local and external research with local and external socio-economic and institutional conditions determines the potential of every region in order to maximise its innovation capacity. They also indicate the importance of proximity for the transmission of economically productive knowledge, as spillovers show strong distance decay effects.... view less
Keywords
innovation
Classification
Area Development Planning, Regional Research
Political Economy
Free Keywords
Economic growth; R&D; Knowledge; Spillovers; Innovation systems; Regions; European Union
Document language
English
Publication Year
2008
Page/Pages
p. 51-67
Journal
Regional Studies, 42 (2008) 1
DOI
https://doi.org/10.1080/00343400701654186
Status
Postprint; peer reviewed
Licence
PEER Licence Agreement (applicable only to documents from PEER project)