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R&D networks and their effects on knowledge exploration versus knowledge exploitation: Evidence from a spatial econometric perspective

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  • Martina Neuländtner
  • Thomas Scherngell

Abstract

We argue that the effects of inter-regional R&D networks on regional knowledge creation vary for different modes of knowledge creation – exploitative and explorative – as well as for the quantity and quality of new knowledge created. To explore these differences across European regions, we estimate a set of spatial Durbin models (SDMs) with altering network indicators. The results show that the embedding in inter-regional networks is in general a significant driver for both modes of knowledge creation. While we find a higher positive impact of networks on exploitative than on explorative knowledge creation for the quality of knowledge output, the opposite is true for pure knowledge quantity.

Suggested Citation

  • Martina Neuländtner & Thomas Scherngell, 2022. "R&D networks and their effects on knowledge exploration versus knowledge exploitation: Evidence from a spatial econometric perspective," Industry and Innovation, Taylor & Francis Journals, vol. 29(7), pages 847-878, August.
    • Handle: RePEc:taf:indinn:v:29:y:2022:i:7:p:847-878
    DOI: 10.1080/13662716.2022.2063110
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