Please use this identifier to cite or link to this item:
|Title:||Similarity of R&D Activities, Physical Proximity, and R&D Spillovers|
|Citation:||Regional Science and Urban Economics, 43, 124-131|
|Abstract:||The diffusion of knowledge generates positive externalities if knowledge flows increase the productivity of R&D by the recipients of these flows. We investigate the extent to which these spillovers depend on the similarity of research activities by the originator and recipient of the knowledge, and at what rate the spillovers diminish with physical distance. We find, using regional patent and R&D expenditure data from the European Union, that similarity between R&D activities is not only statistically significant, but salient: regions with completely dissimilar R&D activities exhibit essentially no spillovers at all. An increase in the distance between the originating and recipient region by 500km reduces spillovers by 55–70%.|
|Appears in Collections:||Δημοσιεύσεις σε Περιοδικά|
Files in This Item:
There are no files associated with this item.
Show full item record
Items in CRIS are protected by copyright, with all rights reserved, unless otherwise indicated.