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This paper develops a labour market matching model with heterogeneous firms, on-thejob search and referrals. Social capital is endogenous, so that better connected workers bargain higher wages for a given level of productivity. This is a positive effect of referrals on reservation wages. At the...
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disparities-a survey of regional growth drivers and economic performance / Andreas P. Cornett and Nils Karl Sørensen -- Knowledge … & Barbara Scozzi -- Knowledge creation and innovation in medium technology clusters / Riccardo Cappelin -- Invention, innovation …
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economies /Nigel F.B. Allington and John S.L. McCombie --Knowledge externalities and growth in peripheral regions /Fabiana … Santos, Marco Crocco, and Frederico Jayme, Jr. --Knowledge, human capital and foreign direct investment in developing …
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the knowledge involved in their creation is likely to be dispersed and distributed between many individuals and over … numerous locations. The authors argue that even if one assumes that the internal knowledge base is of strategic importance to … many companies, most of the knowledge used by the majority of companies is developed outside the company. Since much …
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