Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/31802
Authors: 
Broekel, Tom
Binder, Martin
Year of Publication: 
2006
Series/Report no.: 
Papers on economics and evolution 0612
Abstract: 
Innovations are inherently connected to knowledge transfers. The need of face-to-face contacts to transfer tacit knowledge is commonly argued to cause a regional dimension of innovative activities. The paper presents an alternative explanation based on a model of boundedly rational actors who search for knowledge. It is shown that a regional dimension exists in these processes that results from a regional bias in an actor’s search activities. Social embeddedness, a shared regional identity and limited spatial mobility foster this bias. We argue that insights from research on these topics can help to define the geographic size of a region.
Subjects: 
Regional Economics
Innovation
Knowledge Transfers
Tacit Knowledge
Bounded Rationality
JEL: 
D83
O31
R12
B52
Document Type: 
Working Paper

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