R&D networks and their effects on knowledge exploration versus knowledge exploitation: Evidence from a spatial econometric perspective
Martina Neuländtner and
Thomas Scherngell
Industry and Innovation, 2022, vol. 29, issue 7, 847-878
Abstract:
We argue that the effects of inter-regional R&D networks on regional knowledge creation vary for different modes of knowledge creation – exploitative and explorative – as well as for the quantity and quality of new knowledge created. To explore these differences across European regions, we estimate a set of spatial Durbin models (SDMs) with altering network indicators. The results show that the embedding in inter-regional networks is in general a significant driver for both modes of knowledge creation. While we find a higher positive impact of networks on exploitative than on explorative knowledge creation for the quality of knowledge output, the opposite is true for pure knowledge quantity.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:taf:indinn:v:29:y:2022:i:7:p:847-878
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DOI: 10.1080/13662716.2022.2063110
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