University and Industry R&D Accessibility and Regional Growth
Charlie Karlsson (),
Urban Grasjo and
Martin Andersson
SCIENZE REGIONALI, 2008, vol. 2008/Suppl. 2, issue Suppl. 2, 97-117
Abstract:
University and Industry R&D Accessibility and Regional Growth A shortcoming of traditional endogenous growth approaches is their assumption that the stock of knowledge is generally accessible across space. The purpose of this paper is to analyse the contribution of R&D to economic growth in Swedish municipalities, taking account of the variation in R&D accessibility among different municipalities. We argue that the interaction possibilities at different spatial scales can be properly represented by an accessibility approach which discounts interaction potentials using travel time distances. The main result of the analysis is that knowledge accessibility in a given period has a statistically significant effect on the growth in value-added per employee in subsequent periods. Furthermore, the knowledge resources in a given municipality tend to have a positive effect on the growth of another municipality, conditional on the municipalities belonging to the same functional region. Keywords: nowledge, economic growth, accessibility, regional, spillovers JEL classification codes: R110, O520, O300, O400
Date: 2008
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