Innovation and Knowledge Spillovers in a Networked Industry

Jose I. Santos (), Ricardo Olmo () and Javier Pajares ()
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Jose I. Santos: University of Burgos
Ricardo Olmo: University of Burgos
Javier Pajares: University of Valladolid

Chapter 12 in Artificial Markets Modeling, 2007, pp 171-180 from Springer

Abstract: Abstract Knowledge and proximity are key concepts in the Geography of Innovation literature (Boschma, 2005). Innovating processes are uncertain because they often take place under unsure conditions and fierce business competitiveness. Geographical proximity can reduce this uncertainty since it potentially facilitates labor movement and knowledge interchange through personal contacts. Supporting this hypothesis, some scholars have highlighted the greater agglomeration of RD activities in technological industries where knowledge plays a significant economic role (Audretsch and Feldman, 1996a).

Keywords: Innovation Process; Absorptive Capacity; Random Network; Knowledge Spillover; Small World Network (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:spr:lnechp:978-3-540-73135-1_12

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DOI: 10.1007/978-3-540-73135-1_12

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