Endogenous Knowledge and Innovation
An empirical model is developed in which economic growth is attributed to the process of endogenous innovation and the rate of knowledge transfer (adoption) across regions. The model is tested using data for the NUTS-2 regions of the EU-27 during the time period 1995- 2005. The results suggest that adoption of knowledge and technology has a significant and positive effect in the process of regional growth and convergence in Europe.
|This chapter was published in: Stilianos Alexiadis & Nikolaos Hasanagas & Ladias Christos , , pages 399-406, 2011.|
|This item is provided by International School for Social and Business Studies, Celje, Slovenia in its series Knowledge as Business Opportunity: Proceedings of the Management, Knowledge and Learning International Conference 2011 with number 399-406.|
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