Knowledge externalities, innovation clusters and regional development

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Publisher:
Edward Elgar,
Pub. Date:
c2007.
Language:
English
Description
This book begins with a theoretical examination of regional innovationsystems, agglomeration economics and knowledge spillovers, beforegoing on to examine the same concepts within an empirical framework.Special emphasis is given to the importance of proximity in the formation of regional innovation systems. It concludes by considering innovation and human capital as determinants of regional economic growth.The concept of knowledge spillovers is used within the book to explain a number of major economic phenomena, including the geographicalclustering of inventions; the social returns to R&D that significantly exceed private returns; and the sizeable disproportions that exist between firms in terms of their R&D inputs and outputs. The contributors identify that small firms are responsible for far more product innovations than large firms relative to their measurable knowledge resources. The book also stresses the importance of a catch-up mechanism that sees technological improvement as the combination of two distinct types of activity: innovation and imitation. In this way, the impact of human capital and other types of knowledge acquisition on economic growth is measured. The conclusions of the contributors are invaluably oriented to policy implications.This book will appeal to researchers and postgraduate students of regional science and innovation and knowledge, as well as policymakers.
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ISBN:
9781847207173
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full_title knowledge externalities innovation clusters and regional development
author jordi suriñach rosina moreno and esther vayá
grouping_category book
lastUpdate 2017-08-14 05:04:17AM

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series New horizons in regional science
series_with_volume New horizons in regional science
title_display Knowledge externalities, innovation clusters and regional development
title_full Knowledge externalities, innovation clusters and regional development [electronic resource] / edited by Jordi Suriñach, Rosina Moreno and Esther Vayá
title_short Knowledge externalities, innovation clusters and regional development