Bravo-Ortega, Claudio; Cusolito, Ana P.; Lederman, Daniel - 2016
The diffusion of knowledge plays a central role in endogenous growth theories. Simply put, in these models new … knowledge can be generated from preexisting knowledge. In other words, existing knowledge is a pure public good, which can … not been tested sufficiently, especially for developing economies. The scope and nature of knowledge spillovers is …