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 …

' 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 …

present evidence of a trade-off between distance to the headquarters and the knowledge intensity of the foreign subsidiary … headquarters is, on average, about one percent higher in the knowledge intensity scale. I find no evidence of the knowledge …

accessing useful knowledge by adopting, producing, and diffusing new ideas. Combining location information for the universe of 3 …,300 members across active economic societies in Germany with those of patent holders and World's Fair exhibitors, we show that … arose through agglomeration economies and localized knowledge spillovers. To support this claim, we provide evidence …