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 …

regional innovation systems, and knowledge and socio-economic spillovers. This approach allows the discrimination between the …Research on the impact of innovation on regional economic performance in Europe has fundamentally followed three …) the study of the existence and efficiency of regional innovation systems; and (3) the examination of the geographical …

Many cultural products have the same nonrival nature as scientific knowledge. They therefore face identical … creativity. Markets for intellectual assets protected by IP rights can produce too much or too little innovation. …

effect on technology transfer (catching up with the technological frontier) as well as innovation (pushing the frontier …

growth. In contrast, we find that HGFs are overrepresented in knowledge-intensive service industries, i.e., service …