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Research and Development, Spillovers, Innovation Systems, and the Genesis of Regional Growth in Europe

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  • Andres Rodriguez-Pose
  • Riccardo regstdcenzi

Abstract

Rodriguez-Pose A. and regstdcenzi R. Research and development, spillovers, innovation systems, and the genesis of regional growth in Europe. Regional Studies. Research on the impact of innovation on regional economic performance in Europe has fundamentally followed three approaches: (1) the analysis of the link between investment in research and development (R&D), patents, and economic growth; (2) the study of the existence and efficiency of regional innovation systems; and (3) the examination of the geographical diffusion of regional knowledge spillovers. These complementary approaches have, however, rarely been combined. Important operational and methodological barriers have thwarted any potential cross-fertilization. This paper tries to fill this gap in the literature by combining in one model R&D, spillovers, and innovation systems approaches. A multiple regression analysis is conducted for all regions of the group of 25 European Union countries (EU-25), including measures of R&D investment, proxies for regional innovation systems, and knowledge and socio-economic spillovers. This approach allows the discrimination between the influence of internal factors and external knowledge and institutional flows on regional economic growth. The empirical results highlight how the complex interaction between local and external research, on the one hand, with local and external socio-economic and institutional conditions, on the other, shapes the innovation capacity of every region. They also indicate the importance of proximity for the transmission of economically productive knowledge, as spillovers are affected by strong distance decay effects. [image omitted] Rodriguez-Pose A. et regstdcenzi R. R&D, retombees, systemes d'innovation, et la genese de la croissance regionale en Europe. Regional Studies. Les recherches sur l'impact de l'innovation sur les performances economiques regionales en Europe ont essentiellement suivi trois approches: (1) l'analyse du lien entre l'investissement dans la R&D, les brevets et la croissance economique; (2) l'etude de l'existence et de l'efficacite de systemes regionaux d'innovation; et (3) l'examen de la diffusion geographique des retombees regionales du savoir. Ces approches complementaires ont cependant ete rarement combinees. D'importants obstacles operationnels et methodologiques ont contrecarre toute fertilisation croisee potentielle. Dans cet article, nous essayons de combler cette lacune dans la litterature en combinant dans un modele unique les approches de type R&D, retombees et systeme d'innovation. Une analyse de regression multiple est menee pour toutes les regions de l'UE a 25, incluant les mesures pour l'investissement en R&D, les mandataires des systemes d'innovation regionaux, et les retombees socio-economiques et du savoir. Cette approche nous permet de faire la distinction entre l'influence des facteurs internes et des flux externes de savoir et institutionnels sur la croissance economique regionale. Les resultats empiriques soulignent combien les interactions complexes entre la recherche locale et la recherche exterieure, d'un cote, et les conditions socio-economiques et institutionnelles locales et exterieures, de l'autre, faconnent la capacite d'innovation de chaque region. Ces resultats indiquent egalement l'importance de la proximite dans la transmission du savoir economiquement productif, les retombees etant affectees par les forts effets de degradation qu'entraine la distance. Croissance economique Innovation R&D Savoir Retombees Systemes d'innovation Regions Union Europeenne Rodriguez-Pose A. und regstdcenzi R. F&E, Wissensubertragung, Innovationssysteme und die Entstehung von Regionalwachstum in Europa. Regional Studies. Bei der Erforschung der Auswirkung der regionalen Wirtschaftsleistung in Europa auf die Innovation wurden bisher in erster Linie drei Ansatze verfolgt: (1) die Analyse der Verknupfung zwischen Investitionen in F&E, Patente und Wirtschaftswachstum, (2) die Erforschung der Existenz und Effizienz von regionalen Innovationssystemen und (3) die Untersuchung der geografischen Diffusion von regionaler Wissensubertragung. Diese Ansatze erganzen einander, wurden jedoch bisher nur selten miteinander kombiniert. Eine potenzielle gegenseitige Befruchtung wurde durch wichtige operative und methodologische Hindernisse konterkariert. In diesem Beitrag versuchen wir diese Lucke in der Literatur zu schliessen, indem wir die Ansatze fur F&E, Wissensubertragung und Innovationssysteme in einem Modell kombinieren. Wir fuhren fur alle EU-25-Regionen eine multiple Regressionsanalyse durch, die Messungen der F&E-Investitionen, Vertreter fur regionale Innovationssysteme sowie Wissens- und soziooonomische Ubertragungen umfasst. Mit diesem Ansatz lasst sich zwischen dem Einfluss von internen Faktoren und externen Wissens- und Institutionsstromen auf das regionale Wirtschaftswachstum unterscheiden. Die empirischen Ergebnisse verdeutlichen, wie die komplexen Wechselwirkungen zwischen lokaler und externer Forschung einerseits und lokalen sowie externen soziookonomischen und institutionellen Bedingungen andererseits die Innovationskapazitat jeder Region pragen. Ebenso weisen sie auf die Bedeutung der Nahe fur die Ubertragung von wirtschaftlich produktivem Wissen hin, da die Wissensubertragung mit zunehmender Entfernung stark beeintrachtigt wird. Wirtschaftswachstum Innovation F&E Wissen Wissensubertragung Innovationssysteme Regionen Europaische Union Rodriguez-Pose A. y regstdcenzi R. I + D, 'spillovers', sistemas de innovacion y la genesis del crecimiento regional en Europa. Regional Studies. La investigacion sobre el impacto de la innovacion sobre el desempeno economico en Europa ha seguido fundamentalmente tres enfoques: (1) el analisis del vinculo entre la inversion en I + D, patentes y crecimiento economico; (2) el estudio de la existencia y eficacia de sistemas de innovacion regionales y (3) el examen de la difusion geografica del conocimiento (spillovers). A pesar de su complementariedad, estos enfoques apenas se han combinado. La presencia de barreras metodologicas y operacionales ha minado cualquier posibilidad de interaccion. En este articulo nuestra intencion es cubrir este hueco en la literatura, combinando en un modelo los enfoques basados I + D, spillovers y sistemas de innovacion. Esto se realiza mediante un analisis de regresion multiple que incluye variables de inversion en I + D, componentes de los sistemas de innovacion regional y spillovers de conocimiento y de caracter socioeconomico. Este enfoque nos permite discriminar entre la influencia de los factores internos y los flujos externos de conocimiento e institucionales sobre el crecimiento economico. Los resultados empiricos subrayan como la interaccion entre la investigacion local y la realizada en otros espacios, por un lado, con las condiciones socioeconomicas e institucionales tanto en el ambito local como en otras areas, por otro, influye en la capacidad innovativa de cada region. Los resultados tambien ponen de manifiesto la importancia de la cercania geografica en la transmision del conocimiento productivo, ya que la eficacia de los spillovers se ve fuertemente afectada por la distancia. Crecimiento economico Innovacion I + D Conocimiento Spillovers Sistemas de innovacion regiones Union Europea

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Regional Studies.

Volume (Year): 42 (2008)
Issue (Month): 1 ()
Pages: 51-67

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Handle: RePEc:taf:regstd:v:42:y:2008:i:1:p:51-67

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Keywords: Economic growth; Innovation; R&D; Knowledge; Spillovers; Innovation systems; Regions; European Union;

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