Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/96196 
Year of Publication: 
2011
Citation: 
[Journal:] SPOUDAI - Journal of Economics and Business [ISSN:] 2241-424X [Volume:] 61 [Issue:] 3/4 [Publisher:] University of Piraeus [Place:] Piraeus [Year:] 2011 [Pages:] 7-25
Publisher: 
University of Piraeus, Piraeus
Abstract: 
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 of the dynamics involved. Using a spatial econometric framework, this article examines the productivity of knowledge and notes that the changes in productivity appear to correlate to the spatial distribution of new knowledge creation. The channels and the relationships through which knowledge can flow between different sources are identified and estimated.
Subjects: 
Knowledge Spillovers
Spatial effects
Regional policy
JEL: 
O31
H41
O40
D24
Document Type: 
Article

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