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ABSTRACT This paper studies the link between knowledge, innovation, and growth in European regions using nonparametric methods. Our findings suggest that knowledge inputs and the share of innovative firms have a heterogeneous and nonlinear relationship with growth. This evidence has been exploited to examine the consequences of alternative policies using a counterfactual estimation setup, the results of which imply that increasing the formal knowledge base may be optimal in most regions. Less knowledge and innovation intensive regions will also benefit from a higher innovation potential and from a trustworthy and entrepreneurial economic environment. [ABSTRACT FROM AUTHOR]

This paper critically evaluates the relationship between state capitalism and "strategic coupling" within global production networks (GPN). It underscores specifically the lack of cases on "coupling" involving state‐owned enterprises (SOEs) from developing countries and city‐regions within developed countries. Most existing studies focus on the connection between regions in developing economies with lead firms originating from developed economies. This leaves open a conceptual and empirical gap as SOEs from developing countries (like those of China and India) are (1) increasingly becoming lead firms in their own right and (2) investing in developed economies. Against this backdrop, this paper highlights conceptually significant points from the acquisition of Nexen, a Canada‐based oil and gas TNC, by CNOOC, a large Chinese SOE, and argues for a fresh research agenda that examines the strategic coupling of lead firms that are also SOEs from developing economies. [ABSTRACT FROM AUTHOR]