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Knowledge networks in regional development: an agent-based model and its application

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  • Tamás Sebestyén
  • Attila Varga

Abstract

Interventions targeting the support of interregional knowledge networks have become an increasingly important part of modern regional development policy. However, our knowledge is limited with respect to the potential economic effects of concrete policy interventions. In order to examine these effects, we developed an agent-based model of network formation. We discuss the model in detail and provide the results of a simulation that illustrates how the agent-based model might be applied to help solve an important practical problem, namely prioritization, in Smart Specialisation policy.

Suggested Citation

  • Tamás Sebestyén & Attila Varga, 2019. "Knowledge networks in regional development: an agent-based model and its application," Regional Studies, Taylor & Francis Journals, vol. 53(9), pages 1333-1343, September.
  • Handle: RePEc:taf:regstd:v:53:y:2019:i:9:p:1333-1343
    DOI: 10.1080/00343404.2019.1622663
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    Cited by:

    1. Anna Varga-Csajkás & Tamás Sebestyén & Attila Varga, 2023. "Dynamics of collaboration among high-growth firms: results from an agent-based policy simulation," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 70(2), pages 353-377, April.
    2. Haruo H. Horaguchi & Toichiro Susumago, 2022. "Global R&D Location Strategy of Multinational Enterprises: an Agent-Based Simulation Modeling Approach," Journal of Industry, Competition and Trade, Springer, vol. 22(3), pages 457-479, December.

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