The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does not explain how or why spillovers occur. The missing link...

This paper focuses on the relationship between firms’ technological capabilities and differentforms of cooperation for innovation by combining the analysis of both micro and meso levels,i.e. the level of the firm and of the geographical region. Our findings, based on the Fourth UKCommunity...

This paper explores the relationship between knowledge creation, entrepreneur-ship, and economic growth in the United States over the last 150 years. Accor-ding to the “new growth theory,” investments in knowledge and human capital ge-nerate economic growth via spillovers of knowledge. But the...

This paper discusses the impact of the international transfer of embodiedtechnological change on the employment evolution of skills in a sample of low andmiddle income countries (LMICs). A large body of literature has already underlinedthe occurrence of widening wage and employment differentials...