Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/86816
Authors: 
Caragliu, Andrea
Nijkamp, Peter
Year of Publication: 
2008
Series/Report no.: 
Tinbergen Institute Discussion Paper 08-119/3
Abstract: 
We design a conceptual framework for linking two approaches: the literature on absorptive capacity and the literature on spatial knowledge spillovers. Regions produce new knowledge, but only part of it is efficiently adopted in the economy; the share of efficiently adopted technology depends on territorial capital. Our data set is based on a panel of European regions over the period 1999-2005, combining data from EUROSTAT and the European Values Study (EVS); we test the hypothesis that insufficient levels of territorial capital hamper the capability of regions to grasp and fully exploit new knowledge. Results show that a lower regional absorptive capacity increases knowledge spillovers towards surrounding areas, hampering the regions’ capability to understand, decode and efficiently exploit new knowledge, both locally produced and originating from outside.
Subjects: 
Absorptive capacity
knowledge spillovers
total factor productivity
spatial econometrics
JEL: 
O33
R11
Document Type: 
Working Paper

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