The impact of regional absorptive capacity on spatial knowledge spillovers: the Cohen and Levinthal model revisited
We design a conceptual framework for linking two approaches: absorptive capacity and spatial Knowledge Spillovers (KSs). Regions produce new knowledge, but only part of it is efficiently adopted in the economy; the share of efficiently adopted technology depends on cognitive capital. Our dataset is based on a panel of European regions over the period 1999 to 2006, combining data from EUROSTAT and the European Values Study (EVS). We test the hypothesis that insufficient levels of cognitive capital hamper the capability of regions to fully exploit new knowledge. Results show that a lower regional absorptive capacity increases KS towards surrounding areas, hampering the regions’ capability to decode and efficiently exploit new knowledge, both locally produced and originating from outside.
Year of publication: |
2012
|
---|---|
Authors: | Caragliu, Andrea ; Nijkamp, Peter |
Published in: |
Applied Economics. - Taylor & Francis Journals, ISSN 0003-6846. - Vol. 44.2012, 11, p. 1363-1374
|
Publisher: |
Taylor & Francis Journals |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
The Impact of Regional Absorptive Capacity on Spatial Knowledge Spillovers
Caragliu, Andrea, (2008)
-
Territorial Capital and Regional Growth: Increasing Returns in Cognitive Knowledge Use
Capello, Roberta, (2009)
-
Cognitive Capital and Islands of Innovation: The Lucas Growth Model from a Regional Perspective
Caragliu, Andrea, (2011)
- More ...