Spatial Patterns of Technology Transfer and Measurement of its Friction in the Geo-Economic Space

This paper analyses the spatial mobility of technology transfer on the geo-economic space to study the patterns. The primary findings are that technological contacts decline with distance, through damped pulsations from research institutes to adopters, and that ‘institutional richness’ in the regions influences the technology transfer process. These insights lead to the conclusion that policy makers need to be cognisant of the institutional context of regional environments and level of spatial fiction, when choosing where to locate research institutes, in order to increase the competitiveness of firms and therefore regional economic growth