Spatial Knowledge Spillovers and the Dynamics of Agglomeration and Regional Growth is popular PDF and ePub book, written by Max C. Keilbach in 2012-12-06, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Spatial Knowledge Spillovers and the Dynamics of Agglomeration and Regional Growth can be Read Online from any device for your convenience.
Spatial Knowledge Spillovers and the Dynamics of Agglomeration and Regional Growth Book PDF Summary
and Feldman, 1996 or Audretsch and Stephan, 1996) show that unformalized knowledge may playa major role in the innovation of new products. Now if unformalized knowledge is communicated personally, distance will be an important variable in this process, since the intensity of contacts between persons can be expected to be negatively correlated to the distance between them. In the discussion of section 3.3.1 (page 42) we saw that it was this aspect of localization that Marshall had in mind when he was alluding to "local trade secrets".4 Note that if this spatial dimension of communication between agents exists, it is possible to transfer it to regional aggregates of agents: the closer two regions, the more they will be able to profit from the respective pool of human capital (R&D-output etc.) of the other region. This argument gives a spatial 5 interpretation of the literature on endogenous growth. Now if these spillovers have a spatial dimension then it follows from the discussion in chapter 3 that they will be one driving force in the dynamics of agglomeration. With the model to be developed in this chapter I will investigate the hy pothesis that it is these forces of agglomeration (i.e. spatial spillovers of nonrival goods or foctors) that are responsible for the inhomogeneous pattern of growth con vergence. To analyze this phenomenon, I consider different types of regional aggregates and different distances in the model.
Detail Book of Spatial Knowledge Spillovers and the Dynamics of Agglomeration and Regional Growth PDF
- Author : Max C. Keilbach
- Release : 06 December 2012
- Publisher : Springer Science & Business Media
- ISBN : 9783642576980
- Genre : Business & Economics
- Total Page : 197 pages
- Language : English
- PDF File Size : 14,5 Mb
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