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The Regional Dimension of Knowledge Transfers - A Behavioral Approach

Tom Broekel () and Martin Binder ()

Industry & Innovation, 2007, vol. 14, issue 2, pages 151-175

Abstract: Innovations are inherently connected to knowledge transfers. The need of face-to-face contacts to transfer tacit knowledge is commonly argued to cause a regional dimension of innovative activities. The paper presents an alternative explanation based on a model of boundedly rational actors who search for knowledge. It is shown that a regional dimension exists in these processes that results from a regional bias in an actor's search activities. Social embeddedness, a shared regional identity and limited spatial mobility foster this bias. We argue that insights from research on these topics can help to define the geographic size of a region.

Keywords: Regional economics; innovation; knowledge transfers; tacit knowledge; bounded rationality (search for similar items in EconPapers)
Date: 2007
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