Antonelli, Cristiano; Patrucco, Pier Paolo; Quatraro, … - HAL - 2011
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 …