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The Flemish government launched its Spearhead Cluster (SHC) policy in 2017. The aim is to boost strategic sectors by setting up cluster initiatives which coordinate collaborative R&D initiatives. In this paper, we analyze whether becoming a member of such a cluster initiative has an impact on...
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knowledge spillovers are unmeasurable, a 'goodness of fit' measure is constructed using innovation survey data. It turns out …In this paper it is tested which of the various alternative approaches for constructing knowledge spillover pools … that measures of the uncentered correlation of firm characteristics seem to fit actual knowledge spillovers best. Direct …
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of intended and unintended knowledge spillovers for innovation output at the firm level. Among intended knowledge … spillovers, using knowledge from patents shows the strongest link to innovation output, particularly in case of product … knowledge source operate in a market environment characterized by high price competition, which incentivizes an innovation …
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environment and asks how local knowledge spillovers affect firms' innovation persistence. The empirical analysis draws upon a … bands show that the strength of knowledge spillovers that contribute to innovation persistence via true state dependence …Recent empirical evidence has shown that firm’s innovation behavior exhibits high persistency but not much is known …
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