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Knowledge drives the growth of nations and regions in a competitive space-economy. Hence, we would expect a strong correlation between investments in R&D, knowledge and learning processes, on the one hand, and productivity increases, on the other. However, the empirical evidence shows consistent...
Persistent link: https://www.econbiz.de/10011378339
We design a conceptual framework for linking two approaches: the literature on absorptive capacity and the literature on spatial knowledge spillovers. Regions produce new knowledge, but only part of it is efficiently adopted in the economy; the share of efficiently adopted technology depends on...
Persistent link: https://www.econbiz.de/10011377391
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With China's 2001 WTO accession, trade costs between the US and China fell sharply, but the transport costs of Chinese …
Persistent link: https://www.econbiz.de/10013375367