Knowledge spillover processes as complex networks

Tomohiko Konno

Physica A: Statistical Mechanics and its Applications, 2016, vol. 462, issue C, 1207-1214

Abstract: We introduce the model of knowledge spillover on networks. Knowledge spillover is a major source of economic growth; and is a representative externality in economic phenomena. We show that the model has the following four characteristics: (1) the long-run growth rate is not relevant to the mean degree, but is determined by the mean degree of the nearest neighbors; (2) the productivity level of a firm is proportional to the degree of the firm; (3) the long-run growth rate increases with the increasing heterogeneity of the network; and (4) of three representative networks, the largest growth rate is in scale-free networks and the least in regular networks.

Keywords: Complex networks; Knowledge spillover; Network heterogeneity; Scale-free networks (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0378437116303995
Full text for ScienceDirect subscribers only. Journal offers the option of making the article available online on Science direct for a fee of $3,000

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:eee:phsmap:v:462:y:2016:i:c:p:1207-1214

DOI: 10.1016/j.physa.2016.06.124

Access Statistics for this article

Physica A: Statistical Mechanics and its Applications is currently edited by K. A. Dawson, J. O. Indekeu, H.E. Stanley and C. Tsallis

More articles in Physica A: Statistical Mechanics and its Applications from Elsevier
Bibliographic data for series maintained by Catherine Liu ().