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REGIONAL GROWTH, INNOVATION, AND LATENT NONLINEAR EFFECTS.
- Source :
- Journal of Regional Science; Nov2016, Vol. 56 Issue 5, p814-847, 34p, 1 Color Photograph, 2 Black and White Photographs, 12 Charts, 3 Graphs
- Publication Year :
- 2016
-
Abstract
- 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]
Details
- Language :
- English
- ISSN :
- 00224146
- Volume :
- 56
- Issue :
- 5
- Database :
- Complementary Index
- Journal :
- Journal of Regional Science
- Publication Type :
- Academic Journal
- Accession number :
- 119595450
- Full Text :
- https://doi.org/10.1111/jors.12279