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Knowledge Spillovers from Creation to Exploitation: A Theoretical Model with Implications for Firms and Public Policy

  • Z. Acs
  • C. Economidou
  • M. Sanders

In this paper we present an endogenous growth model in which we investigate the implications of knowledge spillovers between knowledge creators (inventors) and commercializers (innovators). We then turn to the question how such knowledge spillovers affect value creation within and among organizations as well as at the aggregate level and discuss how the internalization of these knowledge spillovers can help improve economic performance at both levels.

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Paper provided by Utrecht School of Economics in its series Working Papers with number 09-32.

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Date of creation: Nov 2009
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Handle: RePEc:use:tkiwps:0932
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