An Empirical Study about the Impact of Knowledge Accumulation on the Development of Regional Industry

Nobuo Kobayashi ()
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Nobuo Kobayashi: School of Economics, Kwansei Gakuin University

No 39, Discussion Paper Series from School of Economics, Kwansei Gakuin University

Abstract: This study mainly investigated two issues: firstly, the existence of a positive relationship between the accumulation of knowledge stocks in regional industries and their value addition, and secondly, the spillover effects of knowledge stocks from the central cities to the surrounding regions, by using patent data as knowledge stock indicators. The empirical result suggests that there are positive impacts of knowledge accumulation to value addition, and there are positive spillover effects to the surrounding regions. The spillover effects are especially clearer when the creators of knowledge stocks are diversified in central cities, and when the industrial structure of surrounding regions is similar to the central cities.

Keywords: knowledge accumulation; patent; spillover effect; regional industry (search for similar items in EconPapers)
JEL-codes: O18 O34 R11 R15 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2008-05, Revised 2008-05
New Economics Papers: this item is included in nep-geo, nep-ipr, nep-pr~, nep-knm, nep-tid and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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