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

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Abstract

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.

Suggested Citation

  • Z. Acs & C. Economidou & M. Sanders, 2009. "Knowledge Spillovers from Creation to Exploitation: A Theoretical Model with Implications for Firms and Public Policy," Working Papers 09-32, Utrecht School of Economics.
  • Handle: RePEc:use:tkiwps:0932
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    Keywords

    knowledge spillovers; innovation management; strategic entrepreneurship;

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