This chapter focuses on the geographic dimensions of knowledge spillovers. The starting point comes from the economics … aspatial or insensitive to issues involving location and geography. However, empirical results hinted that knowledge production … had a spatial dimension. Armed with a new theoretical understanding about the role and significance of knowledge …

Why do some societies fail to adopt more efficient political and economic institutions in response to changing economic … productivity, cultural beliefs and institutions. In our model, production shocks that benefit one sector of the economy may induce …