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Localized Appropriability: Pecuniary Externalities in Knowledge Exploitation

Cristiano Antonelli

Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo Alberto. WP series from University of Turin

Abstract: Pecuniary externalities are crucial in shaping the distinctive competences and the economic success of innovative firms. The analysis of conditions for localized appropriation associated to the intensive use of idiosyncratic factors by means of the introduction of biased technological change provides a new understanding about knowledge appropriability and stresses the key role of external factors in the exploitation of technological knowledge.

Pages: 22 pages
Date: 2007-07
New Economics Papers: this item is included in nep-ino and nep-knm
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:uto:labeco:200710

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