Spatial Heterogeneity in Knowledge, Innovation, and Economic Growth Nexus: Conceptual Reflections and Empirical Evidence

29 Pages Posted: 4 Mar 2014

See all articles by Roberta Capello

Roberta Capello

Polytechnic University of Milan

Camilla Lenzi

Polytechnic University of Milan - Department of Architecture

Date Written: March 2014

Abstract

By drawing on the Schumpeterian distinction between invention (i.e., new ideas and knowledge creation) and commercialization of new ideas (i.e., innovation), this paper shows that knowledge and innovation are both important drivers of economic growth, but have heterogeneous spatial impacts. In particular, the growth benefits accruing from knowledge seem rather selective and concentrated across space whereas the growth benefits generated by innovation seem more diffusive, and regions innovating in the absence of a strong local knowledge base can be as successful as more knowledge‐intensive regions in turning innovation into a higher growth rate, possibly by exploiting local informal knowledge and/or knowledge spillovers. These results are of great importance for the design of research and innovation policies within the frame of the Europe 2020 strategy.

Suggested Citation

Capello, Roberta and Lenzi, Camilla, Spatial Heterogeneity in Knowledge, Innovation, and Economic Growth Nexus: Conceptual Reflections and Empirical Evidence (March 2014). Journal of Regional Science, Vol. 54, Issue 2, pp. 186-214, 2014, Available at SSRN: https://ssrn.com/abstract=2404138 or http://dx.doi.org/10.1111/jors.12074

Roberta Capello (Contact Author)

Polytechnic University of Milan ( email )

Piazza Leonardo da Vinci
Milan, Milano 20100
Italy

Camilla Lenzi

Polytechnic University of Milan - Department of Architecture ( email )

Milan
Italy

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
0
Abstract Views
273
PlumX Metrics