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The R&D Spillovers, Innovation and Knowledge-based Economy

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  • Miroshnychenko Olga

    (Associate Professor of Business Economics Department at Taras ShevchenkoNational University of Kyiv, Ukraine)

Abstract

The R&D processes generate knowledge and enhance innovation activity. Knowledge and ideas developed by one agent may spill over to and can be used for economic and acquired by other agents. The results of these processes are known as the R&D spillover effects. Factors, that have influence on innovation diffusion, and determine the place of the R&D spillovers in knowledge-based economy have been investigated in the article. The definition and types of knowledge have been examined. The relationship between the R&D cooperation, different types of knowledge, knowledge spillovers and innovation have been traced. The main objectives of the paper are to consider the concept of the R&D spillovers and connection between different types of knowledge and the R&D spillover effects. Systematic comparative analysis, synthesis and generalization of the scientific literature have been carried out in order to create the theoretical background of the research of the R&D spillovers and innovation. The qualitative research methods have been employed to investigate relationship between the R&D spillovers and different types of knowledge. The R&D positive effect of spillovers on innovation activity, promotion of cooperation between different agents (individuals, business entities, organizations, and countries), spreadability and access to knowledge on nonprofit basis and enhancement of innovation diffusion have been identified.

Suggested Citation

  • Miroshnychenko Olga, 2020. "The R&D Spillovers, Innovation and Knowledge-based Economy," Zagreb International Review of Economics and Business, Sciendo, vol. 23(s1), pages 91-104.
    • Handle: RePEc:vrs:zirebs:v:23:y:2020:i:s1:p:91-104:n:1007
    DOI: 10.2478/zireb-2020-0025
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    References listed on IDEAS

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    1. Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626, National Bureau of Economic Research, Inc.
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    More about this item

    Keywords

    innovations; knowledge; tacit and explicit knowledge; the R&D spillovers; the R&D spillover effects;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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