Antonelli, Cristiano; Patrucco, Pier Paolo; Quatraro, … - In: Economic Geography 87 (2011) 1, pp. 23-50
productivity, applying the notion of pecuniary knowledge externalities. Pecuniary knowledge externalities enable one to appreciate … both the gains and losses associated with the regional concentration of knowledge-generating activities. Both are two sides … of the same coin. The gains are due to the reduction in the prices of knowledge as input into its dedicated markets …