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2013 | OriginalPaper | Buchkapitel

6. Knowledge Spillovers, Technological Change, and Regional Growth. Empirical Evidence of the EU Regions

verfasst von : Małgorzata Runiewicz-Wardyn

Erschienen in: Knowledge Flows, Technological Change and Regional Growth in the European Union

Verlag: Springer International Publishing

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Abstract

Regional disparities can no longer be defined only in terms of statistical differences in values of standard macroeconomic indicators. Knowledge and technological advancement matter more and more in defining both the level and growth rate of a given region’s GDP. The following chapter aims to analyze the impact of knowledge spillovers and technological change on economic growth and the catching-up process of the EU regions.

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Fußnoten
1
While the reference to Amable (1993) is fundamental for the literature review in this chapter, it should be noted that Amable’s simultaneous system of equations fails to satisfy the order condition for identification.
 
2
In the author`s opinion, based on interviews with experts in several high-tech fields, technological improvements are better proxied with R&D expenditure because in such high-tech fields as aerospace or the ICT, industry many innovations are not being patented.
 
3
Foreign direct capital flows improve capital and technology endowments of the recipient countries and additionally create technology spillovers to local firms (Saggi 2002; Weresa 2002).
 
4
R&D expenditures constitute a better indicator of how increased R&D activity leads to productivity improvements, since in many cases technological improvements are not being patented (e.g. aerospace sector). http://​economics.​huji.​ac.​il/​facultye/​zeira/​Innovations8.​pdf
 
5
TG is introduced in the model in order to present the region’s stock of existing knowledge and on its distance to the technological frontier (Fagerberg 1988).
 
6
Biotechnology Industry Organization (BIO). “Biotechnology in Perspective,” Washington, D.C.: Biotechnology Industry Organization, 1990.
 
7
Subcontracting abroad or offshore outsourcing occur when one firm (the manufacturer or contractor) contracts with another firm (the subcontractor) for a given production cycle. Handbook on Globalization Indicators, OECD, 2005.
 
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Metadaten
Titel
Knowledge Spillovers, Technological Change, and Regional Growth. Empirical Evidence of the EU Regions
verfasst von
Małgorzata Runiewicz-Wardyn
Copyright-Jahr
2013
Verlag
Springer International Publishing
DOI
https://doi.org/10.1007/978-3-319-00342-9_6

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