We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography … endogenous emergence of industry clusters. Spatial variations in knowledge spillovers lead to spatial concentration of more …. Narrowing the gap in knowledge spillovers across regions raises growth, and reduces regional inequality by making firms more …

We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … exchange. Knowledge in any country depends on the human capital of the countries it exchanges knowledge with. The diffusion of … knowledge throughout the world explains a period of increasing world inequality after the take-off of the forerunners of the …

' access to new and better capital goods depends on the knowledge gap, i.e., the wedge between the firm's technical knowledge … knowledge diffusion subsequently leading to declining business dynamism. Our findings indicate that only when knowledge … markups, falling labor share and productivity growth. Patents are an important obstacle to knowledge diffusion. We find an …

the same society had higher similarity in patenting, suggesting that social networks facilitated spatial knowledge … accessing useful knowledge by adopting, producing, and diffusing new ideas. Combining location information for the universe of 3 … arose through agglomeration economies and localized knowledge spillovers. To support this claim, we provide evidence …

the rest must resort to standard bank finance. We consider a number of policies to promote entrepreneurship and venture … capital backed innovation. …

We investigate entry in a dynastic entrepreneurship (overlapping generations) environment created by employee spinoffs …