We examine the “home bias” of knowledge spillovers (the idea that knowledge spreads more slowly over international boundaries than within them) as mea- sured by the speed of patent citations. We present econometric evidence that the geographical localization of knowledge spillovers has...

Knowledge from customers, suppliers, competitors, universities, is a key input in the innovative process of firms. However, firms must have absorption capacity to take advantage of such external knowledge. Based on the concept of absorptive capacity, this paper aims to analyze the impact that...

An important question for firms and policy makers is whether the recruitment of foreign workers can boost innovation. Migration studies have demonstrated positive economic impacts of cultural diversity on productivity and innovation at the regional level, but the impacts at firm level are less...

Although the process of innovation is a crucial aspect of economic growth, there is less clarity about the measurement of economically useful ideas. Determining the extent to which different types of institutions contribute to the creation of new knowledge is essential for a deeper understanding...

We investigated the role of public funding in cardiovascular device innovation across 31 countries in Europe. We rely on the knowledge production function (KPF) framework that establishes the knowledge output of a region as a function of innovatory effort and other characteristics of that...

In the context of China's knowledge economy, cluster-based technological innovation can promote the communication of knowledge among industries, advancing the industrial structure. This study constructs the Ricardian model with the differences in productivity between different sectors to explore...