The importance of innovation for the economic performance of industrialized countries has been largely stressed … innovation, is the key parameter in determining sustained growth in a model with endogenous technological change. This paper … takles the extremely important task of identifying and estimating a production function of innovation for European regions …

This is the first study that attempts to assess the regional economic impacts of the European Institute of Innovation …

The article deals with the issue of knowledge spillovers in the European regions. For this purpose, a standard … and direction of knowledge spillovers are sensitive to the type of knowledge (tacit vs. codified) and proximity dimension … engaged. These findings contribute to the current debate in the geography of innovation and economics of knowledge literature. …