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We design a conceptual framework for linking two approaches: the literature on absorptive capacity and the literature on spatial knowledge spillovers. Regions produce new knowledge, but only part of it is efficiently adopted in the economy; the share of efficiently adopted technology depends on...
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social cohesion scenario displays less effectiveness in fostering convergence processes. These results may drive future …
Persistent link: https://www.econbiz.de/10011503537
Knowledge drives the growth of nations and regions in a competitive space-economy. Hence, we would expect a strong correlation between investments in R&D, knowledge and learning processes, on the one hand, and productivity increases, on the other. However, the empirical evidence shows consistent...
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Among the vast number of regional growth forecasting models, the past 15 years witnessed the emergence of the MAcroeconomic, Sectoral, Social, Territorial (MASST) model. The MASST model aims at merging macroeconomic elements with territorial features for forecasting regional growth trajectories....
Persistent link: https://www.econbiz.de/10012425315