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Knowledge cumulability and complementarity in the knowledge generation function

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  • Antonelli,Cristiano

    ()

  • Colombelli, Alessandra

    ()
    (University of Turin)

Abstract

This paper explores the role of external knowledge and internal stocks of knowledge in the generation of new technological knowledge. It relies on the notion of recombination and brings together three concepts: the appreciation of current expenses in R&D activities; the analysis of the role of the stock of knowledge composition; the identification of the role of external knowledge available in the regional proximity. The empirical section is based upon a panel of companies listed on the main European financial markets for the period 1995–2006. The econometric analysis considers patents as a measure of the knowledge out put and, on the right hand side, next to R&D expenditures, the stock of knowledge internal and external to each firm. The results confirm that the stock of internal knowledge and the access to external knowledge play a key role in assessing the actual capability of each firm to generate new knowledge.

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Bibliographic Info

Paper provided by University of Turin in its series Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo Alberto. WP series with number 201303.

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Length: 50 pages
Date of creation: Apr 2013
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Handle: RePEc:uto:labeco:201303

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Cited by:
  1. Ghisetti, Claudia & Quatraro, Francesco, 2013. "Beyond inducement in climate change: Does environmental performance spur environmental technologies? A regional analysis of cross-sectoral differences," Ecological Economics, Elsevier, vol. 96(C), pages 99-113.
  2. Alessandra Colombelli & Francesco Quatraro, 2013. "The persistence of firms' knowledge base: A quantile approach to Italian data," Working Papers hal-00867132, HAL.
  3. repec:hal:wpaper:hal-00860045 is not listed on IDEAS
  4. Claudia Ghisetti & Francesco Quatraro, 2013. "Beyond inducement in climate change: Does environmental performance spur environmental technologies?," Post-Print hal-00860045, HAL.
  5. Claudia Ghisetti & Francesco Quatraro, 2013. "Beyond the Inducement in Climate Change: Do Environmental Performances Spur Enrivornmental Technologies? A Regional Analysis of Cross-Sectoral Differences," Working Papers 2013112, University of Ferrara, Department of Economics.

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