From Islands to Hubs of Innovation: Connecting Innovative Regions
Andrea Caragliu and
Peter Nijkamp
No 13-141/VIII, Tinbergen Institute Discussion Papers from Tinbergen Institute
Abstract:
This paper enters the debate on the islands of innovation through the lens of the standard Lucas (1988) growth model. It begins with a review of the theoretical details of the model and of the ensuing main empirical results, which can be identified when estimating such model on a sample of 261 EU27 NUTS2 regions. Next, empirical results are interpreted in the light of recent EU innovation and education policies. Our results point to the paramount importance of taking into account patterns of connectivity between “islands” of innovation and other regions. On the basis of our empirical estimates, we claim that future further concentration of innovative activity could achieve maximum returns by enhancing connectivity between spatial innovation leaders and lagging regions. This situation may be characterised as targeting “hubs”, rather than “islands”, of innovation, and is in agreement with “open innovation policy”.
Keywords: human capital; cognitive capital; knowledge spillovers; islands of innovation (search for similar items in EconPapers)
JEL-codes: C21 E24 R11 (search for similar items in EconPapers)
Date: 2013-09-12
New Economics Papers: this item is included in nep-ino, nep-mac, nep-sbm and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://papers.tinbergen.nl/13141.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:tin:wpaper:20130141
Access Statistics for this paper
More papers in Tinbergen Institute Discussion Papers from Tinbergen Institute Contact information at EDIRC.
Bibliographic data for series maintained by Tinbergen Office +31 (0)10-4088900 ().