The Regional Dimension of Knowledge Transfers—A Behavioral Approach
Tom Broekel () and
Martin Binder
Industry and Innovation, 2007, vol. 14, issue 2, 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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Persistent link: https://EconPapers.repec.org/RePEc:taf:indinn:v:14:y:2007:i:2:p:151-175
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DOI: 10.1080/13662710701252500
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