This paper investigates the interplay between social capital, innovation and per capita income growth in the European … Union. We model and identify innovation as an important mechanism that transforms social capital into higher income levels …. In an empirical investigation of 102 European regions in the period 1990-2002, we show that higher innovation performance …

-2005. Innovation outcomes are measured by means of the number of patent applications per million inhabitants. Given the geographical … concentration and subsequent diffusion of innovation activity, and the spatial selectivity of immigrants' location choices, we take … of McDonald's restaurants as a novel instrument for immigration. The results confirm that innovation is clearly a …

The importance of knowledge spillovers for achieving innovation and economic growth is widely recognized. It is not … this controversy using a model of regional growth. The model also deals with the impact of local competition on innovation …

data on 170 regions in Europe (NUTS 2 level) for the periods 1991-1995 and 2001-2005. Innovation outcomes are measured by … diffusion of innovation activity, and the spatial selectivity of immigrants' location choices, we take account of spatial …'s restaurants as a novel instrument for immigration. The results confirm that innovation is clearly a function of regional …

research would be helpful. Universities can contribute to recreating hope and optimism through more innovation in the economy. …