have a larger fraction of skilled workers, higher R&D to sales ratios and established networks to knowledge sources in … several different countries. As illustrated by the so-called ‘anchor-tenant’ hypothesis, they can be described as “knowledge …

of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … accumulation, investment, and upgrading of knowledge and (ii) the implementation of mechanisms that enable knowledge to be … exploited such that growth and societal prosperity are encouraged. Knowledge is a necessary but far from sufficient condition …