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Pecuniary knowledge externalities and innovation: Intersectoral linkages and their effects beyond technological spillovers

Agnieszka Gehringer ()

No 100, University of Göttingen Working Papers in Economics from University of Goettingen, Department of Economics

Abstract: The aim of the paper is to discuss and to provide evidence for the existence of pecuniary knowledge externalities, considered here as the main cause of positive disequilibrium experience by downstream producers. This last effect, confirmed by the empirical analysis here performed, contrasts the postulates of the model of growth through creative destruction due to Aghion & Howitt (1992), where downstream producers remain very much passive in front of new technological knowledge externally generated.

Keywords: pecuniary knowledge externalities; endogenous growth; creative destruction; Input-Output (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (2)

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Journal Article: Pecuniary knowledge externalities and innovation: intersectoral linkages and their effects beyond technological spillovers (2011) Downloads
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