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This paper suggests that the spillover of knowledge may not occur automatically as has typically been assumed in models of endogenous growth. Rather, a mechanism is required that serves as a conduit for the spillover and commercialization of knowledge from the source creating it to the firm...
Persistent link: https://www.econbiz.de/10005864987
globalization. It is a model based on growth, expansion and constant innovation. However, it is accompanied by social problems which …
Persistent link: https://www.econbiz.de/10005864533
The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge … and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does …
Persistent link: https://www.econbiz.de/10005865018
consistent approach to integrate innovation, space and economic growth into a coherent theoretical framework A potential reason …. To shed some additional light on the spatial dimension of innovation we present results of a first-cut analysis building … on a recently developed cross sectional-time series data set of US innovation, private and university research and high …
Persistent link: https://www.econbiz.de/10005865243